SSO, AMZN, AVGO, META: Large Outflows Detected at ETF

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the ProShares Ultra S&P500 (Symbol: SSO) where we have detected an approximate $393.5 million dollar outflow -- that's a 4.4% decrease week over week (from 127,100,000 to 121,500,000). Among the largest underlying components of SSO, in trading today Amazon.com Inc (Symbol: AMZN) is off about 0.7%, Broadcom Inc (Symbol: AVGO) is down about 0.2%, and Meta Platforms Inc (Symbol: META) is lower by about 3.3%.