VGK, FUTS: Big ETF Outflows
October 20, 2014 at 12:45 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 Vanguard FTSE Europe ETF (VGK), where 33,597,988 units were destroyed, or a 13.4% decrease week over week. Among the largest underlying components of VGK, in morning trading today Nestle (NSRGY) is up about 1%, and Novartis (NVS) is higher by about 0.9%.