GASL, ITIP: Big ETF Outflows
April 13, 2015 at 10:55 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 Daily Natural Gas Related Bull 3x Shares (GASL), where 3,150,000 units were destroyed, or a 10.3% decrease week over week. Among the largest underlying components of GASL, in morning trading today Anadarko Petroleum Corporation (APC) is off about 0.8%, and Cabot Oil & Gas Corporation (COG) is up by about 0.1%.