Significant ETF Outflows: Invesco and ProShares Lead the Decline

Looking at units outstanding compared to the previous week within the ETFs tracked by ETF Channel, the most notable outflow occurred in the Invesco Senior Loan ETF. During this period, 64,100,000 units were effectively eliminated, resulting in a 17.0% decrease week over week.

In terms of percentage change, the ProShares S&P Kensho Cleantech ETF experienced the largest drop. It lost 50,000 units, reflecting a steep 40.0% decline in outstanding units compared to the week before. This performance came amidst a market environment where key components of the CTEX, including Eos Energy Enterprises and Altus Power, saw changes in their stock prices, with Eos declining by approximately 3% and Altus by about 0.2% in morning trading.

VIDEO: BKLN, CTEX: Big ETF Outflows

The views and opinions expressed herein are those of the author and do not necessarily reflect the opinions of Nasdaq, Inc.