Major ETF Outflows: Insights on Market Trends
Notable Declines in Key ETFs This Week
Examining the changes in outstanding units among ETFs reported by ETF Channel reveals significant outflows this past week. The iShares U.S. Equity Factor Rotation Active ETF experienced the largest drop. It saw a reduction of 20,600,000 units, which translates to a 7.5% decrease compared to the previous week. Among its leading stocks, Nvidia rose by approximately 3.2%, while Microsoft increased by about 1.2% during morning trading.
In terms of percentage changes, the ETF with the most considerable decline was the ProShares Short FTSE China 50. This fund lost 150,000 units, marking a sharp 31.9% decrease in outstanding units from the prior week.
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