ETFs Face Significant Outflows: What It Means for Investors
Major Drops in Unit Count Highlight Market Movements
This week, the Invesco Fundamental High Yield Corporate Bond ETF experienced the largest outflow among ETFs tracked by ETF Channel. A striking 7,100,000 units were removed, leading to a 23.1% decrease in outstanding units compared to the previous week.
On a percentage basis, the ProShares Ultra 7-10 Year Treasury showed the most dramatic losses. It saw a reduction of 370,000 units, which translates to a notable 36.1% decline from the week before.
VIDEO: PHB, UST: Big ETF Outflows
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
