HYG, EUSA: Big ETF Outflows

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 iBoxx $ High Yield Corporate Bond ETF (HYG), where 3.5 million units were destroyed, or a 2.1% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the iShares MSCI USA ETF (EUSA), which lost 1.25 million of its units, representing a 26.0% decline in outstanding units compared to the week prior.