GOVT, FINZ: Big ETF Outflows
ETF Channel Staff - Friday, October 19, 1:16 PMTurning today to week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, the largest outflow was seen in the iShares Barclays U.S. Treasury Bond Fund (GOVT), which shed 10,600,000 shares, or a 53.3% decrease week over week.
And on a percentage change basis, the ETF with the largest outflow was the Proshares UltraPro Short Financials (FINZ), which lost 50,000 of its shares, for a whopping 50.0% decline in outstanding shares.
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