VXF, BOIL: Big ETF Outflows
ETF Channel Staff - Thursday, December 26, 12:32 PMLooking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Vanguard Extended Market ETF (VXF), where 12 million units were destroyed, or a 24.5% decrease week over week. Among the largest underlying components of VXF, in morning trading today Facebook Class A (FB) is off about 0.5%, and Las Vegas Sands (LVS) is higher by about 1.5%.
And on a percentage change basis, the ETF with the biggest outflow was the Proshares Ultra DJ-UBS Natural Gas (BOIL), which lost 1.1 million of its units, representing a 36.0% decline in outstanding units compared to the week prior.