Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the MSTU ETF, where 7,970,000 units were destroyed, or a 3.5% decrease week over week.
And on a percentage change basis, the ETF with the biggest outflow was the Janus Henderson Small Cap Growth Alpha ETF, which lost 1,330,000 of its units, representing a 32.2% decline in outstanding units compared to the week prior. Among the largest underlying components of JSML, in morning trading today Corvel is up about 2.1%, and Corcept Therapeutics is up by about 3.6%.
VIDEO: MSTU, JSML: Big ETF Outflows
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