MCHI, FLKR: Big ETF Outflows
August 02, 2024 at 12:10 PM 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 China ETF, where 18,000,000 units were destroyed, or a 14.2% decrease week over week. Among the largest underlying components of MCHI, in morning trading today PDD Holdings is down about 1.9%, and Yum China Holdings is lower by about 1.3%.