IWM, AGND: Big ETF Outflows
January 08, 2018 at 10:53 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 Russell 2000 ETF (IWM), where 11,950,000 units were destroyed, or a 4.2% decrease week over week. Among the largest underlying components of IWM, in morning trading today bluebird Bio (BLUE) is off about 2.5%, and Nektar Therapeutics (NKTR) is lower by about 2.4%.