EWZ, GGGG: Big ETF Outflows
May 23, 2013 at 12:02 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 iShares MSCI Brazil Capped Index Fund (EWZ), which shed 4.4 million shares, or a 3.3% decrease week over week. And on a percentage change basis, the ETF with the largest outflow was the Pure Gold Miners ETF (GGGG), which lost 250,000 of its shares, for a whopping 50.0% decline in outstanding shares.