RSPT, WDC, LITE, AKAM: ETF Outflow Alert

Approximately $461.2 million of outflows were detected from the Invesco S&P 500 Equal Weight Technology ETF (RSPT) week-over-week, equal to a 10.3% decline in shares outstanding. Reported by ETF Channel, this is a notable fund-level redemption that is meaningful for the ETF but unlikely to have market-wide impact.

Analysis

Approximately $461.2 million of outflows were detected from the Invesco S&P 500 Equal Weight Technology ETF (RSPT) week-over-week, equal to a 10.3% decline in shares outstanding. Reported by ETF Channel, this is a notable fund-level redemption that is meaningful for the ETF but unlikely to have market-wide impact.