Major Outflows from ETFs Highlight Trends in the Market
Recent data from ETF Channel reveals significant shifts in exchange-traded funds (ETFs) over the past week, with notable outflows impacting multiple funds.
The iShares iBoxx $ Investment Grade Corporate Bond ETF experienced the most substantial outflow, as it saw 14,600,000 units removed, marking a 4.9% decrease from the previous week.
COPA ETF Sees Sharpest Percentage Drop in Units
In terms of percentage decline, the COPA ETF suffered the largest loss, with 10,000 units exiting the fund. This drop represents a significant 33.3% reduction in outstanding units compared to the previous week.
VIDEO: LQD, COPA: Big ETF Outflows
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