HYG, DRIP: Big ETF Outflows
October 26, 2017 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 iBoxx $ High Yield Corporate Bond ETF (HYG), where 4,000,000 units were destroyed, or a 1.8% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the Daily S&P Oil & Gas Exp.