TBT, FJP: Big ETF Outflows
August 14, 2012 at 12:01 PM EDT
Turning today to week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, the largest outflow was seen in the Proshares UltraShort 20+ Year Treasury (TBT), which shed 4,275,000 shares, or a 2.1% decrease week over week. And on a percentage change basis, the ETF with the largest outflow was the First Trust Japan AlphaDEX Fund (FJP), which lost 50,000 of its shares, for a whopping 50.0% decline in outstanding shares.