Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the JETS ETF, where 6,750,000 units were destroyed, or a 4.8% decrease week over week.
And on a percentage change basis, the ETF with the biggest outflow was the Daily Retail Bull 3X Shares, which lost 50,000 of its units, representing a 32.3% decline in outstanding units compared to the week prior. Among the largest underlying components of RETL, in morning trading today Dollar Tree is off about 0.8%, and Ebay is lower by about 0.1%.
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