JGLO, KOLD: Big ETF Outflows
December 06, 2024 at 11:06 AM EST
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the JGLO ETF, where 6,625,000 units were destroyed, or a 6.0% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the ProShares UltraShort Bloomberg Natural Gas, which lost 850,000 of its units, representing a 34.2% decline in outstanding units compared to the week prior.
