HYG, JPX: Big ETF Outflows
Posted on November 21, 2012 at 12:58 PM EST
Turning today to week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, the largest outflow was seen in the iShares iBoxx $ High Yield Corporate Bond Fund (HYG), which shed 6.6 million shares, or a 3.7% decrease week over week. And on a percentage change basis, the ETF with the largest outflow was the Proshares UltraShort MSCI Pacific ex-Japan (JPX), which lost 50,000 of its shares, for a whopping 50.0% decline in outstanding shares.