AGG, UTSL: Big ETF Outflows
ETF Channel Staff - Wednesday, October 10, 11:32 AM
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares Core U.S. Aggregate Bond ETF, where 18,800,000 units were destroyed, or a 3.5% decrease week over week.
And on a percentage change basis, the ETF with the biggest outflow was the Daily Utilities Bull 3X Shares, which lost 100,000 of its units, representing a 40.0% decline in outstanding units compared to the week prior.