VGK, DPK: Big ETF Outflows
July 25, 2016 at 10:48 AM 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 Vanguard FTSE Europe ETF (VGK), where 22,296,029 units were destroyed, or a 8.3% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the Daily Developed Markets Bear 3x Shares (DPK), which lost 100,000 of its units, representing a 26.0% decline in outstanding units compared to the week prior.