Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Direxion Daily Semiconductor Bull 3X Shares, where 31,150,000 units were destroyed, or a 9.0% decrease week over week. Among the largest underlying components of SOXL, in morning trading today Advanced Micro Devices is up about 1%, and Analog Devices is lower by about 0.3%.
And on a percentage change basis, the ETF with the biggest outflow was the First Trust Commercial Mortgage Opportunities ETF, which lost 250,000 of its units, representing a 33.3% decline in outstanding units compared to the week prior. Among the largest underlying components of CAAA, in morning trading today Proshares Ultra Semiconductors is up about 5.5%.
VIDEO: SOXL, CAAA: Big ETF Outflows5 Stocks Our Experts Predict Could Double In the Next Year
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