EWH, PMR: Big ETF Outflows
ETF Channel Staff - Tuesday, February 26, 2:13 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 MSCI Hong Kong Index Fund (EWH), which shed 1,425,000 shares, or a 0.8% decrease week over week.
And on a percentage change basis, the ETF with the largest outflow was the Dynamic Retail Portfolio (PMR), which lost 450,000 of its shares, for a whopping 31.0% decline in outstanding shares. Among the largest underlying components of PMR, in morning trading today Gap Incorporated (GPS) is up about 1.4%, and Limited Brands Incorporated (LTD) is up by about 0.5%.
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