PEJ, YLDE: Big ETF Outflows Monday, June 14, 11:06 AM ET
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 Dynamic Leisure and Entertainment ETF, where 12,440,000 units were destroyed, or a 28.3% decrease week over week. Among the largest underlying components of PEJ, in morning trading today Yum China Holdings is trading flat, and Viacomcbs is lower by about 0.1%.
And on a percentage change basis, the ETF with the biggest outflow was the YLDE ETF, which lost 250,000 of its units, representing a 33.3% decline in outstanding units compared to the week prior.
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