EFAV, SMH: Big ETF Outflows
December 05, 2016 at 10:59 AM 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 Edge MSCI Min Vol EAFE ETF (EFAV), where 3,000,000 units were destroyed, or a 2.7% decrease week over week. Among the largest underlying components of EFAV, in morning trading today Ryanair Holdings (RYAAY) is up about 2.7%, and Teva Pharmaceutical Industries (TEVA) is higher by about 0.6%.