Market News

SGOV, PLDR: 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 iShares 0-3 Month Treasury Bond ETF, where 17,500,000 units were destroyed, or a 2.0% decrease week over week.

And on a percentage change basis, the ETF with the biggest outflow was the Putnam Sustainable Leaders ETF, which lost 75,000 of its units, representing a 37.5% decline in outstanding units compared to the week prior. Among the largest underlying components of PLDR, in morning trading today Ishares Russell 1000 Growth Fund is up about 1.2%, and Apple is up by about 2%.

SGOV, PLDR: Big ETF OutflowsVIDEO: SGOV, PLDR: Big ETF Outflows

5 Stocks Our Experts Predict Could Double In the Next Year

By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.

See also  'Headline Risk' Lurks as TSM Shines Bright on AI Demand 'Headline Risk' Lurks as TSM Shines Bright on AI Demand - Taiwan Semiconductor (NYSE:TSM)