JNK, DUST: Big ETF Outflows
Posted on February 13, 2013 at 12:52 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 SPDR Barclays High Yield Bond ETF (JNK), which shed 10,700,000 shares, or a 3.5% decrease week over week. And on a percentage change basis, the ETF with the largest outflow was the Daily Gold Miners Bear 3x Shares (DUST), which lost 150,000 of its shares, for a whopping 21.4% decline in outstanding shares.