SHY, FTW: Big ETF Outflows

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 18,300,000 units were destroyed, or a 12.0% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the First Trust Taiwan AlphaDEX Fund (FTW), which lost 100,000 of its units, representing a 33.3% decline in outstanding units compared to the week prior.