Significant ETF Outflows Mark Recent Trading Week
In the latest review of exchange-traded funds (ETFs) at ETF Channel, data reveals a notable decline in outstanding units, signaling investor shifts. The ProShares UltraPro Short QQQ experienced the largest outflow, with a staggering reduction of 8,050,000 units. This marks an 11.9% drop compared to the previous week.
On a percentage basis, the sharpest outflow occurred in the X-trackers MSCI All World ex US High Dividend Yield Equity ETF, which saw 300,000 units disappear. This represents a significant 37.5% decrease in outstanding units from the week before. During morning trading today, Mobile Telesystems, a key component of HDAW, remained stable.
VIDEO: SQQQ, HDAW: Big ETF Outflows
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