Significant ETF Withdrawals Impacting SCHA and HSMV

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The Schwab US Small-Cap ETF (SCHA) experienced the largest outflow this week, with 97,750,000 units removed, reflecting a 12.8% decrease compared to the previous week. In morning trading, major components Sandisk and Lumentum Holdings reported gains of approximately 1.6% and 6.8%, respectively.

Additionally, the First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) saw a significant decline of 100,000 units, resulting in a 40.0% week-over-week decrease in outstanding units. Key holdings for HSMV, Ingredion and Dolby Laboratories, were down by 0.4% and 0.5%, respectively.

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