FELC, CRCD: Big ETF Outflows

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Fidelity Enhanced Large Cap Core ETF, where 67,400,000 units were destroyed, or a 36.2% decrease week over week. Among the largest underlying components of FELC, in morning trading today Nvidia is down about 1.2%, and Apple is up by about 1.6%.

And on a percentage change basis, the ETF with the biggest outflow was the T-REX 2X Inverse CRCL Daily Target ETF, which lost 500,000 of its units, representing a 38.8% decline in outstanding units compared to the week prior.

VIDEO: FELC, CRCD: Big ETF Outflows

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