EPI, FKU: Big ETF Outflows
January 22, 2014 at 12:45 PM 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 WisdomTree India Earnings Fund (EPI), where 2.2 million units were destroyed, or a 3.8% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the First Trust United Kingdom AlphaDEX Fund (FKU), which lost 300,000 of its units, representing a 30.0% decline in outstanding units compared to the week prior.