JNK, HJPX: Big ETF Outflows
ETF Channel Staff - Monday, May 23, 10:48 AMLooking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the SPDR Barclays High Yield Bond ETF (JNK), where 5,000,000 units were destroyed, or a 1.4% decrease week over week.
And on a percentage change basis, the ETF with the biggest outflow was the iShares Currency Hedged JPX-Nikkei 400 ETF (HJPX), which lost 50,000 of its units, representing a 33.3% decline in outstanding units compared to the week prior.