SVXY, JPMV: Big ETF Outflows
February 21, 2018 at 10:48 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 ProShares ProShares Short VIX Short-Term Futures ETF (SVXY), where 5,600,000 units were destroyed, or a 8.1% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the iShares Edge MSCI Min Vol Japan ETF (JPMV), which lost 200,000 of its units, representing a 33.3% decline in outstanding units compared to the week prior.