IWM, GASX: Big ETF Outflows
November 09, 2012 at 15:30 PM EST
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 iShares Russell 2000 Index Fund (IWM), which shed 7,800,000 shares, or a 3.8% decrease week over week. And on a percentage change basis, the ETF with the largest outflow was the Daily Natural Gas Related Bear 3x Shares (GASX), which lost 150,000 of its shares, for a whopping 27.3% decline in outstanding shares.