GREK, UTLF: Big ETF Outflows
September 12, 2017 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 MSCI Greece ETF (GREK), where 1,750,000 units were destroyed, or a 4.2% decrease week over week. Among the largest underlying components of GREK, in morning trading today Gaslog (GLOG) is off about 0.3%, and Tsakos Energy Navigation (TNP) is up by about 1.8%.