SHY, IWL: Big ETF Outflows
September 10, 2014 at 12:09 PM 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 1-3 Year Treasury Bond ETF (SHY), where 12,300,000 units were destroyed, or a 11.5% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the iShares Russell Top 200 ETF (IWL), which lost 900,000 of its units, representing a 31.0% decline in outstanding units compared to the week prior.