Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Invesco Preferred ETF, which added 7,400,000 units, or a 2.0% increase week over week.
And on a percentage change basis, the ETF with the biggest increase in inflows was the Direxion Daily Concentrated QS Bull 2x Shares, which added 400,000 units, for a 37.2% increase in outstanding units. Among the largest underlying components of QQQU, in morning trading today Tesla is up about 1.5%, and Nvidia is relatively unchanged.
VIDEO: PGX, QQQU: Big ETF Inflows