The data within the ETF universe has spoken, revealing a tale of significant outflows in the past week. SCHO ETF witnessed the destruction of 10,550,000 units, signaling a 4.3% decrease week over week.
Meanwhile, on a percentage scale, it was the QQQN ETF that faced the biggest blow, shedding 1,175,000 units – a massive 37.0% decline in outstanding units compared to the previous week.
VIDEO: SCHO, QQQN: Big ETF Outflows
The author’s insights do not necessarily reflect those of Nasdaq, Inc.
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