Capital Group Core Equity ETF Sees Major Unit Outflows
ETF Channel Reports Significant Declines in Asset Units
Examining recent data from ETFs, the Capital Group Core Equity ETF experienced the largest decrease in units, with a staggering 22,500,000 units removed, marking a 17.8% drop from last week. In today’s morning trading, major holdings in CGUS showed mixed results; Microsoft increased by approximately 1.1%, while Meta Platforms saw a decline of about 0.8%.
On a percentage basis, the Direxion Daily Semiconductors Bear 3x Shares faced the most significant outflow. This ETF lost 16,850,000 units, which translates to a substantial 39.1% decrease in its outstanding units compared to the previous week.
VIDEO: CGUS, SOXS: Big ETF Outflows
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