Significant Outflows from SPYD and IBX ETFs

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The SPDR Portfolio S&P 500 High Dividend ETF (SPYD) experienced the largest outflow of units this week, with 21,350,000 units removed, marking a 12.1% decrease. This represents a significant shift in investor sentiment. In morning trading, key components of SPYD included Accenture, down 0.1%, and Ares Management, which rose by 3.8%.

On a percentage basis, the biggest outflow was recorded by the IBX ETF, which saw a dramatic decline of 1,270,000 units, equating to a 36.5% weekly drop in outstanding units.

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