RWM, PSCC: Big ETF Outflows
February 25, 2014 at 16:03 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 Proshares Short Russell2000 (RWM), where 4.6 million units were destroyed, or a 14.1% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the S&P SmallCap Consumer Staples Portfolio (PSCC), which lost 250,000 of its units, representing a 21.7% decline in outstanding units compared to the week prior.