IFV, HYZD: Big ETF Outflows
ETF Channel Staff - Thursday, October 29, 10:49 AMLooking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the First Trust Dorsey Wright International Focus 5 ETF (IFV), where 5,900,000 units were destroyed, or a 14.2% decrease week over week.
And on a percentage change basis, the ETF with the biggest outflow was the WisdomTree BofA Merrill Lynch High Yield Bond Zero Duration Fund (HYZD), which lost 300,000 of its units, representing a 33.3% decline in outstanding units compared to the week prior.