PSCE, JHCS: Big ETF Outflows
August 10, 2021 at 11:05 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 Invesco S&P SmallCap Energy ETF, where 3,130,000 units were destroyed, or a 13.2% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the JHCS ETF, which lost 280,000 of its units, representing a 34.6% decline in outstanding units compared to the week prior.