Significant ETF Withdrawals: IVV and GGLS See Major Outflows

Avatar photo

The iShares Core S&P 500 ETF (IVV) experienced the largest outflow among ETFs covered by ETF Channel, with a decrease of 69,550,000 units, equating to a 6.6% drop week over week. In related trading, Nvidia saw an increase of approximately 1.5%, while Apple decreased by about 0.8%.

On a percentage basis, the Direxion Daily GOOGL Bear 1X Shares faced the most significant decline, losing 1,325,000 units, which represents a 35.3% decrease in outstanding units compared to the previous week.

The free Daily Market Overview 250k traders and investors are reading

Read Now