VRP, ZSL: Big ETF Outflows
November 30, 2018 at 10:57 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 Invesco Variable Rate Preferred ETF, where 6,300,000 units were destroyed, or a 7.7% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the ProShares ProShares UltraShort Silver, which lost 150,000 of its units, representing a 32.1% decline in outstanding units compared to the week prior.