LQD, KCE: Big ETF Outflows
December 04, 2018 at 10:55 AM EST
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 iBoxx $ Investment Grade Corporate Bond ETF, where 4,700,000 units were destroyed, or a 1.7% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the SPDR S&P Capital Markets ETF, which lost 450,000 of its units, representing a 30.0% decline in outstanding units compared to the week prior.