Significant ETF Outflows from IGV and PBOT

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The iShares Expanded Tech-Software Sector ETF experienced the largest outflow of units last week, with a reduction of 9,400,000 units, marking a 7.5% decline in outstanding units. Meanwhile, the Pictet AI & Automation ETF saw a significant percentage drop, losing 150,000 units, which translates to a 37.5% decrease compared to the previous week.

In related market activity, major components of the Pictet ETF showed positive movement, with Alphabet rising approximately 1.2% and Nvidia increasing by about 2.3% during morning trading today.

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