Significant ETF Outflows: SCHM and QQQW Lead the Charge
The recent data on exchange-traded funds (ETFs) indicates notable outflows this past week, with the SCHM ETF experiencing the largest decrease in units. Specifically, it lost 15,600,000 units, marking a 3.7% decline compared to the previous week.
In terms of percentage, the QQQW ETF saw the greatest outflow, shedding 70,000 units. This loss translates to a significant 36.8% reduction in outstanding units.
VIDEO: SCHM, QQQW: Big ETF Outflows
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