VWO, UVXY: Big ETF Outflows
June 28, 2018 at 10:47 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 Vanguard FTSE Emerging Markets ETF (VWO), where 12,599,110 units were destroyed, or a 0.9% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the ProShares Ultra VIX Short-Term Futures ETF (UVXY), which lost 11,150,000 of its units, representing a 27.0% decline in outstanding units compared to the week prior.