Wednesday’s ETF Winners And Losers: Small-Cap Fund Flows – QQQE, Little Cousin Of Invesco’s QQQ, Adds $173.17 Million

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Benzinga

We performed a screening of small-cap ETFs – defined as having Assets Under Management (AUM) between $400 million and $2 billion – to determine what funds had the largest change in net assets on the week, according to data from etfdb.com. Only non-leveraged funds were considered. WinnersDirexion NASDAQ-100 Equal Weighted Index Shares (NASDAQ: QQQE) QQQE added $173.17 million in net assets over the trailing week. Direxion NASDAQ-100 Equal Weighted Index Shares is tied to the NASDAQ-100, much like QQQ, the uber-popular ETF from Invesco. However, they differ greatly in their weighting methodologi…

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Avatar of Stacy Gardner
Stacy Gardner is a health writer and editor who has worked in public relations and marketing for more than 20 years. In her spare time, Michelle enjoys writing, reading, and spending time with her family and friends.

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