HYG, UINF: Big ETF Outflows
ETF Channel Staff - Friday, February 22, 12:55 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 iBoxx $ High Yield Corporate Bond Fund (HYG), which shed 3,100,000 shares, or a 1.9% decrease week over week.
And on a percentage change basis, the ETF with the largest outflow was the Proshares UltraPro 10 Year TIPS/TSY Spread (UINF), which lost 50,000 of its shares, for a whopping 50.0% decline in outstanding shares.
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