U.S. ETPs Saw $7.6B Outflows In A Week

U.S. ETPs witnessed total outflows of $7.6 billion last week,ETF Expressreports. This drove the year-to-date weekly flows average to more than $1.7 billion. In the previous week, outflows amounted to $5.6 billion of outflows.

Investors withdrew $4.6 billion from long-only equity ETPs, while U.S.-focused, EM, and DM ex US ETPs recorded outflows of $2.6 billion, $1.4 billion and $753 million, respectively. Long-only fixed-income ETPs saw outflows of $710 million, whereas sovereign ETPs received $318 million.

Click here for the story fromETF Express.