ETF Inflows: QQQI, QCOM, GILD, AMAT See Significant Week-Over-Week Increases in Shares Outstanding

The Neos Nasdaq-100 High Income ETF (QQQI) has seen a $258.1 million inflow, a 7.5% increase in outstanding units. Among the largest underlying components, Qualcomm Inc (QCOM) is up 2.8%, Gilead Sciences Inc (GILD) is down 0.2%, and Applied Materials, Inc. (AMAT) is up 1.6%. This influx of investment has resulted in an increase in the price of the ETF, with a low point of $41.17 and a high point of $54.47.

The Neos Nasdaq-100 High Income ETF (QQQI) has experienced a notable surge in investment, with a $258.1 million inflow representing a 7.5% increase in outstanding units. This influx of capital has been driven by the ETF's underlying components, with Qualcomm Inc (QCOM) and Applied Materials, Inc. (AMAT) contributing to the positive performance.

Qualcomm Inc (QCOM) has seen a 2.8% increase, while Applied Materials, Inc. (AMAT) has risen by 1.6%. Conversely, Gilead Sciences Inc (GILD) has experienced a slight decrease of 0.2%. These fluctuations highlight the diverse performance of the ETF's underlying stocks.

The increased investment has led to a rise in the ETF's price, with a low point of $41.17 and a high point of $54.47. This price movement underscores the market's confidence in the ETF's strategy and the potential of its underlying components.

References:
1. [1] https://finance.yahoo.com/quote/SPYI/
2. [2] https://www.investing.com/news/company-news/gilead-sciences-stock-hits-52week-high-at-12167-usd-93CH-4185300