Significant ETF Withdrawals Observed in QUAL, ADBE, ADP, and LRCX

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iShares MSCI USA Quality Factor ETF (QUAL) experienced an outflow of approximately $343.6 million this week, marking a 0.6% decrease in shares outstanding, from 274,150,000 to 272,400,000. This change indicates a significant pullback in investor demand for the ETF.

As of the latest trade, QUAL is priced at $197.02, just below its 52-week high of $197.05 and above a low of $148.34. Notable components of the ETF include Adobe Inc. (ADBE) up 0.3%, Automatic Data Processing Inc. (ADP) up 0.1%, and Lam Research Corp (LRCX) down 0.5%.

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