VWO, LTL: Big ETF Outflows
ETF Channel Staff - Monday, July 16, 10:47 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 Emerging Markets ETF (VWO), where 8,594,940 units were destroyed, or a 0.6% decrease week over week.
And on a percentage change basis, the ETF with the biggest outflow was the ProShares Ultra Telecommunications (LTL), which lost 25,000 of its units, representing a 25.0% decline in outstanding units compared to the week prior.