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SPY, RDTY: Big ETF Outflows
Source: Nasdaq
Market Technicals & FlowsInvestor Sentiment & PositioningETFs
State Street's SPDR S&P 500 ETF Trust (SPY) recorded the largest weekly ETF outflow in ETF Channel's coverage universe, with 24.6 million shares redeemed. The redemptions represented a 2.3% week-over-week decline in SPY units outstanding, indicating modest investor withdrawals from the broad U.S. equity benchmark.
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