EZU, SMLL: Big ETF Outflows
September 16, 2014 at 12:42 PM 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 EMU ETF (EZU), where 5.4 million units were destroyed, or a 2.4% decrease week over week. Among the largest underlying components of EZU, in morning trading today Arcelormittal (MT) is off about 0.6%, and Ryanair Holdings (RYAAY) is lower by about 0.7%.