VGK, DBV: Big ETF Outflows
September 15, 2016 at 11:00 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 7,396,067 units were destroyed, or a 3.1% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the PowerShares DB G10 Currency Harvest Fund (DBV), which lost 800,000 of its units, representing a 26.7% decline in outstanding units compared to the week prior.