SDS, KRU: Big ETF Outflows
March 30, 2017 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 ProShares UltraShort S&P500, where 4,250,000 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 ProShares Ultra S&P Regional Banking, which lost 25,000 of its units, representing a 14.3% decline in outstanding units compared to the week prior.