IEF, CHIM: Big ETF Outflows
September 23, 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 7-10 Year Treasury Bond ETF (IEF), where 24,100,000 units were destroyed, or a 34.2% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the China Materials ETF (CHIM), which lost 100,029 of its units, representing a 33.3% decline in outstanding units compared to the week prior.