TLT, PAPR: Big ETF Outflows
November 14, 2019 at 10:52 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 iShares 20+ Year Treasury Bond ETF, where 7,500,000 units were destroyed, or a 5.7% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the PAPR ETF, which lost 1,450,000 of its units, representing a 29.4% decline in outstanding units compared to the week prior.