KLMN, UFIV: 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 Invesco MSCI North America Climate ETF, where 4,600,000 units were destroyed, or a 4.4% decrease week over week. Among the largest underlying components of KLMN, in morning trading today Nvidia is off about 1%, and Microsoft is lower by about 0.9%.

And on a percentage change basis, the ETF with the biggest outflow was the US Treasury 5 Year Note ETF, which lost 370,000 of its units, representing a 38.9% decline in outstanding units compared to the week prior.

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