JNK, FJP: Big ETF Outflows
ETF Channel Staff - Monday, January 22, 11:06 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 Bloomberg Barclays High Yield Bond ETF (JNK), where 31,500,000 units were destroyed, or a 8.7% decrease week over week.
And on a percentage change basis, the ETF with the biggest outflow was the First Trust Japan AlphaDEX Fund (FJP), which lost 750,000 of its units, representing a 28.8% decline in outstanding units compared to the week prior.