EWG, RUSS: Big ETF Outflows
Posted on February 28, 2013 at 12:45 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 MSCI Germany Index Fund (EWG), which shed 5,700,000 shares, or a 3.8% decrease week over week. And on a percentage change basis, the ETF with the largest outflow was the Daily Russia Bear 3x Shares (RUSS), which lost 300,000 of its shares, for a whopping 35.3% decline in outstanding shares.