UPRO, BWEB: Big ETF Outflows
March 25, 2024 at 11:46 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 ProShares UltraPro S&P500, where 5,600,000 units were destroyed, or a 11.0% decrease week over week. Among the largest underlying components of UPRO, in morning trading today Microsoft is down about 1%, and Apple is lower by about 1.3%.