UUP, BCHP: Big ETF Outflows
October 12, 2015 at 10:48 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 PowerShares DB US Dollar Index Bullish Fund (UUP), where 8,799,960 units were destroyed, or a 17.0% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the EGShares EGAI Developed Markets Blue Chip EM Access ETF (BCHP), which lost 50,000 of its units, representing a 20.0% decline in outstanding units compared to the week prior.