VEA, KOLD: Big ETF Outflows
December 19, 2018 at 10:47 AM EST
Looking 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 Developed Markets ETF (VEA), where 11,500,082 units were destroyed, or a 0.7% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the ProShares UltraShort Bloomberg Natural Gas (KOLD), which lost 450,002 of its units, representing a 25.4% decline in outstanding units compared to the week prior.