MBB, IPD: Big ETF Outflows
April 02, 2014 at 16:20 PM 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 MBS ETF (MBB), where 2.6 million units were destroyed, or a 5.0% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the SPDR S&P International Consumer Discretionary Sector ETF (IPD), which lost 100,000 of its units, representing a 16.7% decline in outstanding units compared to the week prior.