VWO, GXG: 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 Vanguard FTSE Emerging Markets ETF (VWO), where 387,316,491 units were destroyed, or a 26.7% decrease week over week. Among the largest underlying components of VWO, in morning trading today Taiwan Semiconductor Manufacturing (TSM) is up about 2.9%, and Alibaba Group Holding (BABA) is relatively unchanged.
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