EWC, SKK: Big ETF Outflows
December 12, 2013 at 13:37 PM EST
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares MSCI Canada ETF (EWC), where 4.6 million units were destroyed, or a 3.8% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the Proshares UltraShort Russell2000 Growth (SKK), which lost 75,000 of its units, representing a 21.7% decline in outstanding units compared to the week prior.