EEM, KOLD: Big ETF Outflows
August 07, 2024 at 10:52 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 10,350,000 units were destroyed, or a 2.3% decrease week over week. Among the largest underlying components of EEM, in morning trading today PDD Holdings is up about 1%, and Yum China Holdings is up by about 1.9%.