Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares Core S&P Small-Cap ETF, where 4,250,000 units were destroyed, or a 0.6% decrease week over week. Among the largest underlying components of IJR, in morning trading today MR. Cooper Group is down about 4.3%, and Qorvo is lower by about 1.3%.
And on a percentage change basis, the ETF with the biggest outflow was the Capital Group Ultra Short Income ETF, which lost 1,300,000 of its units, representing a 37.1% decline in outstanding units compared to the week prior.
VIDEO: IJR, CGUI: Big ETF Outflows
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