VEA, FEUZ: Big ETF Outflows
ETF Channel Staff - Friday, March 6, 3:06 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 FTSE Developed Markets ETF (VEA), where 20,496,175 units were destroyed, or a 3.2% decrease week over week. Among the largest underlying components of VEA, in morning trading today Koss Corporation (KOSS) is off about 2.3%, and National Bank Greece (NBG) is lower by about 4.6%.
And on a percentage change basis, the ETF with the biggest outflow was the First Trust Eurozone AlphaDEX ETF (FEUZ), which lost 299,998 of its units, representing a 40.0% decline in outstanding units compared to the week prior.