IWM, PRB: Big ETF Outflows
July 17, 2017 at 10:49 AM EDT
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 Russell 2000 ETF, where 6,250,000 units were destroyed, or a 2.3% decrease week over week. Among the largest underlying components of IWM, in morning trading today Kite Pharma is up about 1.3%, and Medidata Solutions is lower by about 1%.