IWM, EWCS: Big ETF Outflows
Posted on December 26, 2012 at 12:06 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 Russell 2000 Index Fund (IWM), which shed 6,600,000 shares, or a 3.4% decrease week over week. Among the largest underlying components of IWM, in morning trading today Ocwen Financial Corporation (OCN) is down about 0.7%, and Genesee & Wyoming Incorporated (GWR) is lower by about 0.3%.