Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Global X Nasdaq 100 Covered Call ETF, where 6,450,000 units were destroyed, or a 1.4% decrease week over week. Among the largest underlying components of QYLD, in morning trading today Nvidia is down about 2.9%, and Apple is higher by about 0.8%.
And on a percentage change basis, the ETF with the biggest outflow was the COZX ETF, which lost 320,000 of its units, representing a 38.3% decline in outstanding units compared to the week prior.
VIDEO: QYLD, COZX: Big ETF Outflows5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.