Significant Outflows Hit BBEU and Morningstar International Moat ETF
The latest data from ETF Channel reveals notable shifts in the ETF landscape as some funds face significant unit declines.
Recently, the BBEU ETF experienced the largest outflow among tracked funds, seeing 19,050,000 units eliminated. This represents a substantial 21.3% drop in its outstanding units when compared to the previous week.
On a percentage basis, the Morningstar International Moat ETF was also hit hard, with an outflow of 1,900,000 units, equating to a 27.5% decline from the prior week’s totals.
VIDEO: BBEU, MOTI: Big ETF Outflows
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