EWA, TZW: Big ETF Outflows
June 12, 2013 at 12:31 PM EDT
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 Australia Index Fund (EWA), which shed 3.4 million shares, or a 3.9% decrease week over week. And on a percentage change basis, the ETF with the largest outflow was the iShares S&P Target Date 2045 Index Fund (TZW), which lost 50,000 of its shares, for a whopping 33.3% decline in outstanding shares.