EWI, IRV: Big ETF Outflows
July 11, 2016 at 11:31 AM 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 MSCI Italy Capped ETF (EWI), where 6,150,000 units were destroyed, or a 10.4% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the SPDR S&P International Materials Sector ETF (IRV), which lost 50,000 of its units, representing a 20.0% decline in outstanding units compared to the week prior.