LQD, EXI: Big ETF Outflows
September 01, 2017 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 iShares iBoxx $ Investment Grade Corporate Bond ETF, where 1,500,000 units were destroyed, or a 0.5% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the iShares Global Industrials ETF, which lost 1,000,000 of its units, representing a 27.8% decline in outstanding units compared to the week prior.