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SOXS, ASTG: Big ETF Outflows

SOXS, ASTG: 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 Direxion Daily Semiconductor Bear 3X ETF, where 35,100,000 units were destroyed, or a 8.9% decrease week over week.

And on a percentage change basis, the ETF with the biggest outflow was the ASTG ETF, which lost 10,000 of its units, representing a 40.0% decline in outstanding units compared to the week prior.

VIDEO: SOXS, ASTG: Big ETF Outflows

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Note. For informational purposes only. Not financial advice. Past performance does not guarantee future results.