BIL, CZA: Big ETF Outflows
April 10, 2014 at 14:41 PM 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 SPDR Barclays 1-3 Month T-Bill ETF (BIL), where 2,200,000 units were destroyed, or a 9.4% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the Guggenheim Mid-Cap Core ETF (CZA), which lost 900,000 of its units, representing a 25.4% decline in outstanding units compared to the week prior.