ETF Seen Declines: Major Outflows in the Market
WisdomTree U.S. Quality Dividend Growth Fund Faces Largest Loss
In examining changes in outstanding units over the past week for ETFs highlighted by ETF Channel, the WisdomTree U.S. Quality Dividend Growth Fund experienced the highest outflow. A total of 38,050,000 units were removed, marking a significant 17.4% decrease from the previous week. During morning trading today, major holdings within the fund saw mixed performances; Microsoft dipped by approximately 0.9%, while Apple fell around 0.3%.
On a percentage basis, the ETF with the steepest decline was the Tradr 2X Long Triple Q Weekly ETF. This fund lost 65,000 units, translating to a striking 39.4% drop in outstanding units compared to a week earlier.
VIDEO: DGRW, QQQW: Big ETF Outflows
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