Significant ETF Outflows: SPDR and ProShares Lead Declines
Recent data from ETF Channel illustrates notable changes in outstanding units. The SPDR Portfolio Short Term Corporate Bond ETF experienced the largest outflow, with a reduction of 8,900,000 units, representing a 3.4% decrease from the previous week.
In terms of percentage change, the ProShares Short MidCap 400 saw the steepest decline, losing 150,000 units. This figure equates to a dramatic 35.8% drop in outstanding units compared to the week before.
VIDEO: SPSB, MYY: Big ETF Outflows
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