EEM, LABD: Big ETF Outflows
August 15, 2024 at 11:12 AM EDT
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 Emerging Markets ETF, where 28,350,000 units were destroyed, or a 6.5% decrease week over week. Among the largest underlying components of EEM, in morning trading today PDD Holdings is up about 3.1%, and Yum China Holdings is higher by about 2.4%.