--- title: "Noteworthy ETF Outflows: QQQ, APP, PANW, WDC" type: "News" locale: "en" url: "https://longbridge.com/en/news/284602057.md" description: "The Invesco QQQ Trust (QQQ) has experienced a significant outflow of approximately $690.4 million, marking a 0.2% decrease in shares outstanding week-over-week. Key components include Applovin Corp (APP) down 3%, Palo Alto Networks (PANW) down 0.9%, and Western Digital Corp (WDC) up 9.5%. The current share price of QQQ is $659.55, within a 52-week range of $462.43 to $664.51. This outflow indicates a potential impact on the underlying holdings of the ETF as units are destroyed to meet investor demand." datetime: "2026-04-29T15:05:33.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284602057.md) - [en](https://longbridge.com/en/news/284602057.md) - [zh-HK](https://longbridge.com/zh-HK/news/284602057.md) --- # Noteworthy ETF Outflows: QQQ, APP, PANW, WDC Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco QQQ Trust (Symbol: QQQ) where we have detected an approximate $690.4 million dollar outflow -- that's a 0.2% decrease week over week (from 656,500,000 to 655,450,000). Among the largest underlying components of QQQ, in trading today Applovin Corp (Symbol: APP) is down about 3%, Palo Alto Networks, Inc (Symbol: PANW) is off about 0.9%, and Western Digital Corp (Symbol: WDC) is up by about 9.5%. For a complete list of holdings, visit the QQQ Holdings page » The chart below shows the one year price performance of QQQ, versus its 200 day moving average: Looking at the chart above, QQQ's low point in its 52 week range is $462.43 per share, with $664.51 as the 52 week high point — that compares with a last trade of $659.55. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ». * * * **Free Report: Top 8%+ Dividends (paid monthly)** Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » ##### Also see: • High Yield REITs • FUNC Split History • YTD Return The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. ### Related Stocks - [WDC.US](https://longbridge.com/en/quote/WDC.US.md) - [APP.US](https://longbridge.com/en/quote/APP.US.md) - [PANW.US](https://longbridge.com/en/quote/PANW.US.md) - [PALD.US](https://longbridge.com/en/quote/PALD.US.md) - [APPX.US](https://longbridge.com/en/quote/APPX.US.md) - [PANG.US](https://longbridge.com/en/quote/PANG.US.md) - [PALU.US](https://longbridge.com/en/quote/PALU.US.md) - [QQQ.US](https://longbridge.com/en/quote/QQQ.US.md) ## Related News & Research - [Ameritas Advisory Services LLC Has $505,000 Position in Western Digital Corporation $WDC](https://longbridge.com/en/news/286664595.md) - [Did Surging Earnings and a Higher Dividend Just Shift Western Digital's (WDC) AI Storage Narrative?](https://longbridge.com/en/news/286452500.md) - [Sanchez Wealth Management Group Trims Stake in Invesco QQQ $QQQ](https://longbridge.com/en/news/285924327.md) - [Commerzbank Aktiengesellschaft FI Buys Shares of 2,107 Western Digital Corporation $WDC](https://longbridge.com/en/news/286732795.md) - [Could This AdTech Stock Be One of AI's Most Underrated Winners?](https://longbridge.com/en/news/286971161.md)