SPSM, WBIE: Big ETF Outflows
May 06, 2021 at 10:48 AM EDT
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the SPDR Portfolio S&P 600 Small Cap ETF, where 4,000,000 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 WBIE ETF, which lost 100,000 of its units, representing a 33.8% decline in outstanding units compared to the week prior.