Biggest ETF Outflows Highlight Market Movements This Week
Significant Declines in ETF Units
In the latest data from ETF Channel, notable variations in ETF units outstanding have emerged. The Schwab Fundamental International Small Cap Company Index experienced the largest outflow, with a reduction of 13,700,000 units, translating to a 15.7% week-over-week decrease. This decline underscores shifts in investor sentiment and market conditions. In morning trading, key holdings within the fund showed mixed results; Sea registered a modest gain of approximately 0.7%, while Joyy remained stable.
XBOC ETF Faces Major Unit Loss
Analyzing percentage changes, the XBOC ETF reported the steepest outflow, with a loss of 1,125,000 units. This represents a significant 34.4% decline in outstanding units compared to the previous week, reflecting a sharp pullback from investors.
VIDEO: FNDC, XBOC: Big ETF Outflows
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