CSJ, EEHB: Big ETF Outflows
June 09, 2014 at 12:37 PM EDT
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 1-3 Year Credit Bond ETF (CSJ), where 7,800,000 units were destroyed, or a 6.4% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the PowerShares S&P Emerging Markets High Beta Portfolio (EEHB), which lost 99,999 of its units, representing a 33.3% decline in outstanding units compared to the week prior.