Employment Numbers Round Out Next Week
Comtex 4/27/2024, 8:12 AM EDTMar 25, 2024 (MarketNewsVideo.com via COMTEX News Network) -- 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 UltraPro S&P500, where 5,600,000 units were destroyed, or a 11.0% decrease week over week. Among the largest underlying components of UPRO, in morning trading today Microsoft is down about 1%, and Apple is lower by about 1.3%.
And on a percentage change basis, the ETF with the biggest outflow was the BWEB ETF, which lost 20,000 of its units, representing a 31.2% decline in outstanding units compared to the week prior.
The preceding is a transcript of the MarketNewsVideo.com video published at: https://www.marketnewsvideo.com/id=20240320240325etfflowsUPRO&mv=1.
COMTEX_449800967/2478/2024-03-25T11:47:23
