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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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 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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