“Significant ETF Outflows: SPY and ABLG Under the Spotlight”

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Significant ETF Outflows: SPDR S&P 500 and ABLG Lead the Decline

Analyzing recent ETF trends, the SPDR S&P 500 ETF Trust experienced the largest outflow, with a reduction of 20,500,000 units, reflecting a 1.9% drop in outstanding units compared to the previous week. In today’s morning trading, key constituents of SPY included Apple, which dipped about 0.6%, while Microsoft saw a notable increase of approximately 8.8%.

Meanwhile, the ABLG ETF faced the steepest percentage decline, losing 650,000 units. This represents a significant 34.7% decrease in outstanding units when compared to the week prior.

SPY, ABLG: Big ETF OutflowsVIDEO: SPY, ABLG: Big ETF Outflows

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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