The iShares iBoxx $ High Yield Corporate Bond ETF (HYG) experienced the largest outflow among ETFs, witnessing a decrease of 11.4 million units, or 5.5%, in the week ending recent trading sessions. Concurrently, the ProShares Ultra High Yield ETF (UJB) saw a significant percentage drop, losing 80,000 units, which translates to a 36.4% decline from the previous week.
Key underlying components for HYG, such as Wesco Aircraft Holding, were flat during morning trading. Similarly, among UJB’s components, the Proshares Genius Money Market ETF remained unchanged as well.
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