Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the MNA ETF, where 3,400,000 units were destroyed, or a 11.0% decrease week over week.
And on a percentage change basis, the ETF with the biggest outflow was the SPDR S&P Kensho New Economies Composite ETF, which lost 640,000 of its units, representing a 29.1% decline in outstanding units compared to the week prior. Among the largest underlying components of KOMP, in morning trading today L3harris Technologies is trading flat, and Raytheon is lower by about 0.2%.
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