LQD, EWP: Big ETF Outflows
September 04, 2018 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 $ Investment Grade Corporate Bond ETF (LQD), where 10,200,000 units were destroyed, or a 3.4% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the iShares MSCI Spain ETF (EWP), which lost 7,950,000 of its units, representing a 21.3% decline in outstanding units compared to the week prior.