ACWV, DXJH: Big ETF Outflows
ETF Channel Staff - Friday, February 24, 10:55 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 Edge MSCI Min Vol Global ETF (ACWV), where 3,300,000 units were destroyed, or a 7.9% decrease week over week. Among the largest underlying components of ACWV, in morning trading today Johnson & Johnson (JNJ) is up about 1%, and Automatic Data Processing (ADP) is higher by about 0.2%.
And on a percentage change basis, the ETF with the biggest outflow was the WisdomTree Japan Hedged Health Care Fund (DXJH), which lost 100,000 of its units, representing a 40.0% decline in outstanding units compared to the week prior.