ProShares UltraPro S&P500 Experiences Big Outflow

From NASDAQ: 2024-04-11 11:00:19

ProShares UltraPro S&P500 (UPRO) saw a $156.7 million outflow, a 4.9% decrease week-over-week. Major components like PepsiCo, Wells Fargo, and Cisco experienced slight declines in trading. UPRO’s one-year price performance shows a range between $35.573 and $71.16 per share compared to its last trade at $66.04.

ETFs, like stocks, trade in ”units” based on investor demand. Weekly monitoring of shares outstanding data reveals inflows or outflows. Creation of new units involves buying underlying holdings, while destruction involves selling. Large flows impact individual components within ETFs. Find out which 9 other ETFs experienced notable outflows here.



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