EWJ, IPFF: Big ETF Outflows

Turning today to week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, the largest outflow was seen in the iShares MSCI Japan ETF (EWJ), which shed 21 million shares, or a 2.1% decrease week over week. And on a percentage change basis, the ETF with the largest outflow was the iShares International Preferred Stock ETF (IPFF), which lost 900,000 of its shares, for a whopping 24.3% decline in outstanding shares.