EEM, SRTY: Big ETF Outflows
March 17, 2014 at 14:26 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 MSCI Emerging Markets ETF (EEM), where 22,950,000 units were destroyed, or a 3% decrease week over week. Among the largest underlying components of EEM, in morning trading today Credicorp (BAP) is up about 0.5%, and Mobile Telesystems (MBT) is up by about 0.7%.