Significant Outflows Observed in ETF for JEPQ, BKNG, TMUS, STX
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 14 2025
0mins
Source: NASDAQ.COM
JEPQ Share Price Analysis: JEPQ's 52-week low is $44.31 and high is $59.42, with the last trade recorded at $57.52, indicating a stable position within its range.
Understanding ETFs: Exchange-traded funds (ETFs) function like stocks, where investors buy and sell "units" that can be created or destroyed based on demand.
Monitoring ETF Flows: Weekly tracking of shares outstanding helps identify ETFs with significant inflows (new units created) or outflows (units destroyed), impacting the underlying assets.
Disclaimer on Views: The opinions expressed in the article are those of the author and do not necessarily represent the views of Nasdaq, Inc.
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Analyst Views on STX
Wall Street analysts forecast STX stock price to fall
18 Analyst Rating
14 Buy
3 Hold
1 Sell
Moderate Buy
Current: 845.760
Low
150.00
Averages
310.39
High
465.00
Current: 845.760
Low
150.00
Averages
310.39
High
465.00
About STX
Seagate Technology Holdings plc provides mass-data storage infrastructure solution. The Company’s principal products are hard disk drives, commonly referred to as disk drives, hard drives (HDDs). In addition to HDDs, the Company produces a range of data storage products, including solid state drives (SSDs), solid state hybrid drives, storage subsystems, as well as a scalable edge-to-cloud mass data platform. Its HDD products are designed for mass capacity storage and legacy markets. Mass capacity storage involves use cases, such as hyperscale data centers and public clouds, as well as emerging use cases. The Company’s HDD and SSD product portfolio includes Serial Advanced Technology Attachment, Serial Attached SCSI and Non-Volatile Memory Express based designs to support a variety of mass capacity and legacy applications. Its systems portfolio includes storage subsystems for enterprises, cloud service providers, scale-out storage servers and original equipment manufacturers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Analysis of Investment Opportunities in Data Centers
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- Portfolio Risk Assessment: The current portfolio has approximately 47% exposure to AI and data centers, which, while considered risky in a diversified strategy, reflects a strong confidence in the explosive growth of data centers.
- Semiconductor Stock Recommendations: With a forward P/E ratio of about 10, Micron still has room to rise, and AMD, Marvell, and Intel are also recommended due to their strong performance in CPUs and GPUs, potentially driving investment returns further.
- Storage and AI Hardware Investments: In the storage sector, Sandisk, Seagate, and Western Digital remain noteworthy stocks, while Dell's competitiveness in the AI hardware market makes it an attractive investment choice, expected to continue its growth trajectory.
- Investment Strategy and Discipline: Despite the confidence in data center investment opportunities, Jim Cramer emphasizes maintaining responsible diversification in managing the charitable trust to avoid over-concentration in any single stock, thereby mitigating potential risks.
See More
Mixed US Stock Market with Energy Stocks Under Pressure
- Market Divergence: The S&P 500 index fell by 0.05%, while the Dow Jones Industrial Average rose by 0.23%, and the Nasdaq 100 index decreased by 0.15%, indicating a divergence in market performance, particularly under the pressure of weak energy and cybersecurity stocks.
- Crude Oil Price Decline: Crude oil prices dropped over 4% to a five-week low amid optimism surrounding a US-Iran peace deal, which has lowered inflation expectations and pushed bond yields lower, with the 10-year T-note yield falling to a 1.5-week low of 4.45%.
- Mortgage Application Decrease: For the week ending May 22, US MBA mortgage applications fell by 8.5%, with the purchase mortgage sub-index down 0.4% and the refinancing mortgage sub-index down 18.1%, indicating the suppressive effect of high rates on the housing market.
- Earnings Performance: As of now, 83% of the 475 S&P 500 companies that reported Q1 earnings have exceeded expectations, with Q1 earnings projected to rise by 12% year-over-year, but excluding the technology sector, earnings growth is only about 3%, marking the lowest in two years, reflecting disparities across industries.
See More
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- Market Optimism: U.S. stock futures extended gains on Wednesday, buoyed by sustained AI-driven momentum, while investors remained cautiously optimistic about a potential deal between the U.S. and Iran, despite recent U.S. strikes near the Strait of Hormuz that Iran condemned.
- Strong Index Performance: As of 04:42 a.m. ET, Dow E-minis rose by 195 points, or 0.39%; S&P 500 E-minis increased by 21 points, or 0.28%; and Nasdaq 100 E-minis climbed by 134 points, or 0.45%, reflecting growing confidence in AI's impact on the market.
- Earnings Support: A robust earnings season and expectations of approximately 29% year-on-year growth in Q1 have fueled the rally on Wall Street, with both the S&P 500 and Nasdaq closing at record highs on Tuesday, indicating strong market confidence in future growth.
- Fed Policy Expectations: Markets are set to focus on Thursday's personal consumption expenditures (PCE) index data, which could provide crucial insights into the monetary policy direction under new chair Kevin Warsh, with expectations that the Fed will maintain rates steady for the remainder of the year, while some are pricing in a 25 bps hike in December.
See More
Memory Stock ETF Surges Rapidly, Risks Must Be Heeded
- Rapid ETF Growth: The Roundhill Memory ETF has amassed $10 billion in assets since its April 2 launch, making it one of the fastest-growing ETFs in history, reflecting strong investor interest in the memory sector driven by AI demand.
- Year-to-Date Returns: In just seven weeks, the ETF has generated a remarkable 90% return, with shares reaching $52.82, indicating robust performance from memory stocks like Micron and Sandisk, and highlighting the accelerating demand for memory technology.
- Concentration Risk: The ETF's portfolio is highly concentrated, with the top three holdings (SK Hynix, Micron, Samsung) accounting for 74%, significantly increasing its risk compared to a typical diversified ETF, necessitating caution from investors.
- Derivatives Warning: The ETF employs swap agreements and derivatives to amplify returns, including a roughly 9% swap in Micron, which may enhance gains in a bull market but also heightens risks during downturns, urging investors to remain vigilant.
See More
Roundhill Memory ETF Surges with 98% Returns
- Outstanding ETF Performance: The Roundhill Memory ETF has achieved a remarkable 98% return since its launch in April, showcasing its strong performance in memory chip stocks and attracting significant investor interest.
- Rapid Asset Accumulation: In just seven weeks, the ETF has amassed $10 billion in assets, making it one of the fastest-growing new ETFs in history, reflecting the strong demand for memory stocks in the market.
- Concentration Risk: The Roundhill Memory ETF's portfolio is highly concentrated, with approximately 74% of its assets in the top three holdings—SK Hynix, Micron, and Samsung—resulting in significantly higher investment risks compared to a typical diversified ETF.
- Market Volatility Warning: While the ETF has performed exceptionally well amid strong growth in the memory market, its strategy of using swap agreements and derivatives to amplify returns may also exacerbate losses during market downturns, necessitating cautious allocation by investors.
See More
Micron Achieves $1 Trillion Market Capitalization
- Milestone Achievement: Micron reached a market capitalization of $1 trillion on Tuesday, with its stock rising 6% in overnight trading, reflecting strong market confidence in its growth prospects amid surging demand for AI data centers.
- Sector Surge: SK Hynix and Samsung shares rose over 10% and 6.4% respectively on Wednesday, both surpassing the $1 trillion market cap, indicating a robust recovery in the memory sector and investor optimism.
- UBS Bullish Outlook: UBS raised Micron's price target from $535 to $1,625, implying an 80% upside, as long-term memory supply agreements are expected to enhance profitability and cash flow, supporting stable growth for the company in the coming years.
- Retail Sentiment Recovery: Micron was the top-trending ticker on Stocktwits with message volume surging over 1,000% in the past 24 hours, as retail sentiment shifted from 'bearish' to 'neutral', indicating a recovery in confidence towards Micron and the memory sector.
See More
