VGK, FEU: Big ETF Outflows
March 19, 2018 at 10:54 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 Vanguard FTSE Europe ETF (VGK), where 2,499,801 units were destroyed, or a 0.8% decrease week over week. Among the largest underlying components of VGK, in morning trading today Nestle (NSRGY) is down about 1.1%, and Novartis (NVS) is lower by about 0.4%.