GLD, UKK: Big ETF Outflows
October 03, 2013 at 12:48 PM EDT
Turning today to week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, the largest outflow was seen in the SPDR Gold Shares (GLD), which shed 2.6 million shares, or a 0.9% decrease week over week. And on a percentage change basis, the ETF with the largest outflow was the Proshares Ultra Russell2000 Growth ETF (UKK), which lost 150,000 of its shares, for a whopping 40.0% decline in outstanding shares.