AAXJ, SOXX: Big ETF Outflows
August 25, 2015 at 11:00 AM 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 MSCI All-Country Asia ex-Japan ETF (AAXJ), where 16,000,000 units were destroyed, or a 23.9% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the iShares PHLX Semiconductor ETF (SOXX), which lost 1,150,000 of its units, representing a 20.4% decline in outstanding units compared to the week prior.