SH, EFZ: Big ETF Outflows
December 05, 2017 at 10:55 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 ProShares Short S&P500 (SH), where 2,300,000 units were destroyed, or a 4.3% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the ProShares Short MSCI EAFE (EFZ), which lost 400,000 of its units, representing a 39.0% decline in outstanding units compared to the week prior.