IJH, SMDD: Big ETF Outflows
ETF Channel Staff - Friday, October 5, 12:13 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 S&P MidCap 400 Index Fund (IJH), which shed 8,950,000 shares, or a 7.2% decrease week over week.
And on a percentage change basis, the ETF with the largest outflow was the Proshares UltraPro Short MidCap400 (SMDD), which lost 150,000 of its shares, for a whopping 54.6% decline in outstanding shares.
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