ETF Flows: The Net Flows Of PowerShares QQQ Trust, Series 1 (ETF) Point to $-1814.70M Redemptions After -4.43% AUM Decrease

ETF Flows: The Net Flows Of PowerShares QQQ Trust, Series 1 (ETF) Point to $ 1814.70M Redemptions After  4.43% AUM Decrease

Today were released PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ)‘s weekly net flows. The ETF registered $-1814.70M weekly asset outflows for -4.43% decrease, reaching $39135.50M last week. The chart of PowerShares QQQ Trust, Series 1 (ETF) shows negative weekly setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net outflows leads to less cash for managers to invest, which theoretically decreases demand for the etf’s holdings. The ETF increased 0.10% or $0.12 on November 11, hitting $115.87. About 41.12 million shares traded hands or 67.49% up from the average. PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ) has risen 5.74% since April 12, 2016 and is uptrending. It has outperformed by 0.76% the S&P500.

The ETF’s YTD performance is 7%, the 1 year is 17.99% and the 3 year is 16.01%.

The ETF’s average P/E ratio is 21.91, the price to book is 4.46, the price to sales is 2.84 and the price to cashflow is 11.27. PowerShares QQQ Trust, Series 1 (ETF) is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001. The fund’s top holdings are: Apple Inc. for 10.77% of assets, Microsoft Corporation for 7.97%, Inc. for 7.00%, Facebook Inc. for 5.30%, Alphabet Inc. for 4.74%, Alphabet Inc. for 4.22%, Intel Corporation for 3.15%, Comcast Corporation for 2.84%, Cisco Systems Inc. for 2.81%, Amgen Inc. for 2.21%. The ETF sector weights are: Consumer Cyclical 15.47%, Financial Services 0.87%, Consumer Defensive 6.79%, Healthcare 11.47%, Communication Services 6.79%, Industrials 3.26%, Technology 55.35%. The ETF currently as 0% yield.

More notable recent PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ) news were published by: which released: “Carter Worth And Mike Khouw’s PowerShares QQQ Trust, Series 1 (ETF) Trade” on October 22, 2016, also with their article: “How to Play the Powershares QQQ Trust Series 1 ETF” published on May 31, 2016, published: “Trade of the Day: Powershares QQQ Trust, Series 1 (ETF) (QQQ) a Big Buy” on September 23, 2016. More interesting news about PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ) were released by: and their article: “Nasdaq, In Oversold Territory, Leads The Way Higher Today” published on November 07, 2016 as well as‘s news article titled: “The Nasdaq 100 ETF Is Falling — And Seeing Big Outflows” with publication date: November 10, 2016.

QQQ Company Profile

PowerShares QQQ Trust Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust’s investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index.

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