EWJ, UST: Big ETF Outflows
ETF Channel Staff - Friday, August 28, 11:07 AMLooking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares MSCI Japan ETF (EWJ), where 19,200,000 units were destroyed, or a 1.2% decrease week over week.
And on a percentage change basis, the ETF with the biggest outflow was the ProShares Ultra 7-10 Year Treasury ETF (UST), which lost 150,000 of its units, representing a 16.7% decline in outstanding units compared to the week prior.