JNK, TOTS: Big ETF Outflows
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 SPDR Barclays High Yield Bond ETF (JNK), which shed 10,300,000 shares, or a 3.3% decrease week over week. And on a percentage change basis, the ETF with the largest outflow was the Daily Total Market Bear 1x Shares (TOTS), which lost 100,000 of its shares, for a whopping 66.7% decline in outstanding shares.
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