In the universe of ETFs, the Invesco S&P 500 Momentum ETF (SPMO) saw the biggest outflow, with 29,550,000 units destroyed, a 21.3% decrease from the previous week. Top components Broadcom (AVGO) and Nvidia (NVDA) saw gains in morning trading.

The Direxion Daily AVGO Bear 1X Shares (AVS) had the largest percentage outflow, losing 700,000 units, a 32.6% decline from the previous week.

Read more at Nasdaq: SPMO, AVS: Big ETF Outflows