SQQQ, XRT: Big ETF Outflows Tuesday, May 25, 10:56 AM ET
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the ProShares ProShares UltraPro Short QQQ, where 6,450,000 units were destroyed, or a 4.1% decrease week over week.
And on a percentage change basis, the ETF with the biggest outflow was the SPDR S&P Retail ETF, which lost 4,150,000 of its units, representing a 35.9% decline in outstanding units compared to the week prior. Among the largest underlying components of XRT, in morning trading today Dillards is up about 2.4%, and Party City Holdco is lower by about 0.2%.
For MarketNewsVideo.com, I'm Sayoko Murase
|