LQD, PMR: Big ETF Outflows
June 01, 2015 at 10:52 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 (LQD), where 2,100,000 units were destroyed, or a 1.1% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the PowerShares Dynamic Retail Portfolio (PMR), which lost 250,000 of its units, representing a 25.0% decline in outstanding units compared to the week prior.