HEDJ, EFO: Big ETF Outflows
January 07, 2016 at 10:50 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 WisdomTree Europe Hedged Equity Fund (HEDJ), where 4,700,000 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 ProShares Ultra MSCI EAFE (EFO), which lost 125,000 of its units, representing a 33.3% decline in outstanding units compared to the week prior.