SQQQ, NEWZ: Big ETF Inflows
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 16 2024
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Source: NASDAQ.COM
- Inflow Comparison: ProShares UltraPro Short QQQ had the biggest inflow of 17,300,000 units, a 6.3% increase from the previous week.
- Percentage Increase: NEWZ ETF saw the largest percentage increase in inflows, adding 100,000 units for a 33.3% rise in outstanding units.
- Video Mention: The article mentions SQQQ and NEWZ as ETFs with significant inflows.
- Disclaimer: The views expressed are those of the author and may not represent Nasdaq, Inc.'s opinions.
Analyst Views on NEWZ
Wall Street analysts forecast NEWZ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NEWZ is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 27.601
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Current: 27.601
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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.
