UUP, KOLD: Big ETF Outflows
ETF Channel Staff - Thursday, June 11, 10:47 AM
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Invesco DB US Dollar Index Bullish Fund, where 10,600,000 units were destroyed, or a 33.8% decrease week over week. Among the largest underlying components of UUP, in morning trading today Invesco Treasury Collateral ETF is trading flat.
And on a percentage change basis, the ETF with the biggest outflow was the ProShares ProShares UltraShort Bloomberg Natural Gas, which lost 100,000 of its units, representing a 36.4% decline in outstanding units compared to the week prior.