Significant Outflows from SCHG and SPIT ETFs

Avatar photo

“`html

The Schwab U.S. Large-Cap Growth ETF (SCHG) experienced a significant outflow of 9,000,000 units, marking a 0.6% decrease week-over-week. This decline coincided with a morning drop in key holdings such as Nvidia, which fell by 0.9%, and Microsoft, which was down by 0.2%.

In terms of percentage change, the SPIT ETF saw the largest outflow, losing 380,000 units, which represents a 36.7% decline in outstanding units compared to the previous week.

“`

The free Daily Market Overview 250k traders and investors are reading

Read Now