SHY, ERY: Big ETF Outflows
March 04, 2015 at 11:03 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 1-3 Year Treasury Bond ETF (SHY), where 2,900,000 units were destroyed, or a 3.1% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the Daily Energy Bear 3x Shares (ERY), which lost 800,000 of its units, representing a 17.3% decline in outstanding units compared to the week prior.