IWM, FXE: Big ETF Outflows
August 19, 2014 at 12:18 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 Russell 2000 ETF (IWM), where 12,050,000 units were destroyed, or a 5.7% decrease week over week. Among the largest underlying components of IWM, in morning trading today Puma Biotechnology (PBYI) is off about 6.1%, and Intermune (ITMN) is higher by about 0.8%.