Significant Outflows in ETFs: MSTZ and MULL Experience Major Drops
Recent data from ETF Channel reveals that two ETFs, MSTZ and MULL, have faced substantial reductions in their outstanding units over the past week.
The MSTZ ETF saw the largest outflow, with a decrease of 26,940,000 units. This marks an 18.6% drop compared to the previous week, highlighting a notable shift in investor sentiment.
In percentage terms, the MULL ETF experienced a more drastic decline. It lost 10,000 units, which translates to a significant 33.3% decrease in outstanding units from the prior week.
VIDEO: MSTZ, MULL: Big ETF Outflows
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