HEWJ, FTW: Big ETF Outflows
July 28, 2016 at 10:47 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 iShares Currency Hedged MSCI Japan ETF (HEWJ), where 2,550,000 units were destroyed, or a 9.3% decrease week over week. Among the largest underlying components of HEWJ, in morning trading today iShares MSCI Japan Index (EWJ) is off about 0.6%.