Looking at models excellent versus one week prior throughout the universe of ETFs coated at ETF Channel, the largest outflow was seen within the iShares MSCI USA Momentum Issue ETF, the place 19,600,000 models had been destroyed, or a 18.7% lower week over week. Among the many largest underlying parts of MTUM, in morning buying and selling as we speak Tesla is up about 3.9%, and JP Morgan Chase is decrease by about 0.3%.
And on a share change foundation, the ETF with the largest outflow was the FDMO ETF, which misplaced 850,000 of its models, representing a 22.7% decline in excellent models in comparison with the week prior.
VIDEO: MTUM, FDMO: Huge ETF Outflows
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