Significant ETF Outflows Mark the Week: A Closer Look

In the latest review of exchange-traded funds (ETFs) tracked by ETF Channel, notable changes in outstanding units have caught attention. The SPDR S&P Regional Banking ETF experienced the largest outflow, with a substantial reduction of 6,400,000 units. This marks a significant 9.4% decrease compared to the previous week. Within the ETF, several key players are worth mentioning: M&T Bank saw an increase of about 1.1% during morning trading, while Huntington Bancshares rose by approximately 1.2%.

Additionally, when evaluating percentage changes, the BNO ETF reported the steepest decline, losing 2,600,000 units. This drop translates to a striking 39.4% decline in outstanding units from the previous week.

VIDEO: KRE, BNO: Big ETF Outflows

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