IGV, PBOT: Big ETF Outflows

The largest outflow among ETFs tracked by ETF Channel was in the iShares Expanded Tech-Software Sector ETF, where 9,400,000 units were redeemed, a 7.5% decline week over week. This represents a notable reduction in investor exposure to the tech-software sector ETF but is unlikely to have broad market impact on its own.

Analysis

The largest outflow among ETFs tracked by ETF Channel was in the iShares Expanded Tech-Software Sector ETF, where 9,400,000 units were redeemed, a 7.5% decline week over week. This represents a notable reduction in investor exposure to the tech-software sector ETF but is unlikely to have broad market impact on its own.