Recent data from ETF Channel reveals sharp declines in outstanding units for some Exchange-Traded Funds (ETFs), highlighting investor shifts.
Among the ETFs monitored, the largest decline in units occurred in the iShares iBoxx $ High Yield Corporate Bond ETF, which saw a reduction of 14,100,000 units. This marks a notable 7.6% decrease from the previous week.
Looking at percentage changes, the MQQQ ETF experienced the most dramatic loss, shedding 100,000 units. This equates to a staggering 40.0% drop in its outstanding units compared to the prior week.
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