REM, SMDD: Big ETF Outflows
December 03, 2015 at 10:48 AM 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 iShares Mortgage Real Estate Capped ETF (REM), where 2,650,000 units were destroyed, or a 2.8% decrease week over week. Among the largest underlying components of REM, in morning trading today Annaly Capital Management (NLY) is up about 0.1%, and American Capital Agency (AGNC) is up by about 0.2%.