SHY, SSG: Big ETF Outflows
November 06, 2014 at 12:42 PM 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 1-3 Year Treasury Bond ETF (SHY), where 15,600,000 units were destroyed, or a 11.1% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the Proshares UltraShort Semiconductors (SSG), which lost 124,921 of its units, representing a 32.9% decline in outstanding units compared to the week prior.