Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Invesco BulletShares 2023 Corporate Bond ETF, where 7,650,000 units were destroyed, or a 8.4% decrease week over week.
And on a percentage change basis, the ETF with the biggest outflow was the United States Fund Finder & ETF Screener which lost 275,000 of its units, representing a 37.9% decline in outstanding units compared to the week prior. Among the largest underlying components of ESIX, in morning trading today Rambus is down about 3.3%, and Comfort Systems USA is lower by about 0.8%.
VIDEO: BSCN, ESIX: 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.
