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 Large Cap Growth ETF (NYSE:PWB), where 5,550,000 units were destroyed, or a 28.2% decrease week over week. Among the largest underlying components of PWB, in morning trading today Accenture (NYSE:ACN) is down about 0.4%, and Automatic Data Processing (NASDAQ:ADP) is higher by about 0.3%.
And on a percentage change basis, the ETF with the biggest outflow was the Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares (NYSE:DRIP), which lost 3,100,000 of its units, representing a 29.3% decline in outstanding units compared to the week prior.
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