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Market Impact: 0.2
SPY, PWS: Big ETF Outflows
Source: Nasdaq
Market Technicals & FlowsInvestor Sentiment & Positioning
The State Street SPDR S&P 500 ETF Trust had the largest weekly outflow among ETFs covered by ETF Channel: 12.75 million units were destroyed, a 1.2% decrease in units outstanding versus one week earlier. The article excerpt provides no further context on the cause or market impact of the redemptions.
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