ARKK, LABD: 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 ARK Innovation ETF, where 4,200,000 units were destroyed, or a 2.4% decrease week over week. Among the largest underlying components of ARKK, in morning trading today Tesla is up about 3.2%, and Teladoc Health is lower by about 0.6%.
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