BBJP, GASX: Big ETF Outflows
ETF Channel Staff - Friday, February 21, 10:52 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 BBJP ETF, where 22,000,000 units were destroyed, or a 12.3% decrease week over week.
And on a percentage change basis, the ETF with the biggest outflow was the Daily Natural Gas Related Bear 3X Sharess, which lost 50,000 of its units, representing a 28.6% decline in outstanding units compared to the week prior.