Markets SNXX

SNXX, YFYA: Big ETF Outflows

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Tradr 2X Long SNDK Daily ETF, where 17,170,000 units were destroyed, or a 11.2% decrease week over week.

And on a percentage change basis, the ETF with the biggest outflow was the Yields For You Income Strategy A ETF, which lost 810,000 of its units, representing a 38.6% decline in outstanding units compared to the week prior. Among the largest underlying components of YFYA, in morning trading today Touchstone Ultra Short Income ETF is trading flat, and State Street SPDR Bloomberg 1-3 Month T-BILL ETF is relatively unchanged.

 SNXX, YFYA: Big ETF Outflows  VIDEO: SNXX, YFYA: Big ETF Outflows

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