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QQQ - U.S. Weekly FundFlows Insight Report: First Fund Flows Week Of 2021 May Signal Continuing Rotation
PowerShares QQQ Trust Ser 1
Investors were overall net redeemers of fund assets (including those of conventional funds and ETFs) for the first week in three.
Fund investors withdrew $5.4 billion from equity funds and a net $10.1 billion from money market funds.
Meanwhile, investors were net purchasers of taxable and tax-exempt fixed-income funds, injecting slightly less than $6.0 billion and $1.1 billion, respectively, this week.