AAXJ, SOXX: Big ETF Outflows

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 MSCI All-Country Asia ex-Japan ETF (AAXJ), where 16,000,000 units were destroyed, or a 23.9% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the iShares PHLX Semiconductor ETF (SOXX), which lost 1,150,000 of its units, representing a 20.4% decline in outstanding units compared to the week prior.
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