IAU, IDLV: Big ETF Outflows
December 07, 2015 at 10:47 AM EST
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 Gold Trust (IAU), where 8,050,000 units were destroyed, or a 1.5% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the PowerShares S&P International Developed Low Volatility Portfolio (IDLV), which lost 3,000,000 of its units, representing a 28.7% decline in outstanding units compared to the week prior.