Significant ETF Outflows: iShares and BSTP Take Center Stage
iShares Broad USD High Yield Corporate Bond ETF Sees Largest Total Units Decline
In the latest weekly review of exchange-traded funds (ETFs) by ETF Channel, the iShares Broad USD High Yield Corporate Bond ETF topped the list for the largest outflow. Over the past week, this ETF experienced a loss of 13,150,000 units, equating to a 2.3% decline compared to the previous week.
BSTP ETF Records Remarkable Percentage Loss in Units
On a percentage basis, the BSTP ETF witnessed the most significant outflow. It lost 1,025,000 units, marking a steep 33.6% drop in outstanding units from the prior week.
VIDEO: USHY, BSTP: Big ETF Outflows
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