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ACWI, CHAD: Big ETF Outflows
Friday, February 15, 10:46 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 iShares MSCI ACWI ETF (NASDAQ:ACWI), where 5,800,000 units were destroyed, or a 3.9% decrease week over week. Among the largest underlying components of ACWI, in morning trading today Apple (NASDAQ:AAPL) is trading flat, and Microsoft Corporation (NASDAQ:MSFT) is higher by about 1.2%.

And on a percentage change basis, the ETF with the biggest outflow was the Daily CSI 300 China A Share Bear 1X Shares (NYSE:CHAD), which lost 200,000 of its units, representing a 25.0% decline in outstanding units compared to the week prior.

For MarketNewsVideo.com, I'm Sayoko Murase.

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