Significant ETF Withdrawals Impacting SPYM and TTXU

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The State Street Investment Management ETF experienced the largest outflow last week, with a reduction of 10,400,000 units, representing a 0.9% decline. In morning trading, Nvidia was down 0.2% while Apple climbed 0.1% within this ETF’s components.

Additionally, the Direxion Daily Technology Top 5 Bull 2X ETF saw a significant outflow as well, losing 50,000 units, equivalent to a 28.6% decrease in outstanding units week over week. During the same morning session, Apple rose 0.1% and Broadcom surged by 2% among its key holdings.

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