EEM, SBB: Big ETF Outflows
November 19, 2013 at 12:29 PM EST
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 Emerging Markets ETF (EEM), which shed 35.1 million shares, or a 3.4% decrease week over week. Among the largest underlying components of EEM, in morning trading today Mobile Telesystems (MBT) is off about 2.3%, and CrediCorp (BAP) is lower by about 2.3%.