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VUG, LABD: Big ETF Outflows

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Shutterstock photo

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Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Vanguard Growth ETF, where 7,548,528 units were destroyed, or a 3.6% decrease week over week. Among the largest underlying components of VUG, in morning trading today Apple is up about 0.1%, and AMAZON.COM is lower by about 0.6%.

And on a percentage change basis, the ETF with the biggest outflow was the Daily S&P Biotech Bear 3x Shares, which lost 1,400,000 of its units, representing a 20.6% decline in outstanding units compared to the week prior.

VIDEO: VUG, LABD: 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.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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