IEI, GASX: Big ETF Outflows
ETF Channel Staff - Wednesday, October 18, 10:46 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 3-7 Year Treasury Bond ETF (IEI), where 2,600,000 units were destroyed, or a 3.9% decrease week over week.
And on a percentage change basis, the ETF with the biggest outflow was the Daily Natural Gas Related Bear 3X Shares (GASX), which lost 50,000 of its units, representing a 22.2% decline in outstanding units compared to the week prior.