ETF Outflows: Major Changes Seen in Key Funds
Significant Change in Units for iShares Core S&P Small-Cap ETF
Among the ETFs monitored by ETF Channel, the iShares Core S&P Small-Cap ETF (IJR) experienced the largest outflow this past week. Specifically, it saw 4,250,000 units reduced, amounting to a 0.6% decline compared to the previous week. This decline coincided with a downturn in key components such as MR. Cooper Group, which fell about 4.3%, and Qorvo, which decreased by approximately 1.3% in morning trading today.
Percentage Decline Highlights for Capital Group Ultra Short Income ETF
In terms of percentage change, the Capital Group Ultra Short Income ETF (CGUI) recorded the most significant outflow. The fund lost 1,300,000 units, which corresponds to a striking 37.1% drop in outstanding units when compared to the week prior.
VIDEO: IJR, CGUI: Big ETF Outflows
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