VGK, RETL: Big ETF Outflows
ETF Channel Staff - Friday, October 28, 10:53 AMLooking 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 Europe ETF (VGK), where 3,195,347 units were destroyed, or a 1.4% decrease week over week. Among the largest underlying components of VGK, in morning trading today Hoegh LNG Partners LP (HMLP) is trading flat.
And on a percentage change basis, the ETF with the biggest outflow was the Daily Retail Bull 3x Shares (RETL), which lost 300,000 of its units, representing a 24.0% decline in outstanding units compared to the week prior.