TLT, UJB: Big ETF Outflows
March 07, 2024 at 11:12 AM EST
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares 20+ Year Treasury Bond ETF, where 7,900,000 units were destroyed, or a 1.5% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the ProShares Ultra High Yield, which lost 70,000 of its units, representing a 38.9% decline in outstanding units compared to the week prior.