EWJ, TECS: Big ETF Outflows

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 iShares MSCI Japan ETF (EWJ), which shed 9 million shares, or a 0.9% decrease week over week. And on a percentage change basis, the ETF with the largest outflow was the Daily Technology Bear 3X Shares (TECS), which lost 150,000 of its shares, for a whopping 18.3% decline in outstanding shares.