IGIB, ENOR: Big ETF Outflows
October 22, 2020 at 10:57 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 iShares 5-10 Year Investment Grade Corporate Bond ETF, where 12,750,000 units were destroyed, or a 6.6% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the iShares MSCI Norway ETF, which lost 450,000 of its units, representing a 32.1% decline in outstanding units compared to the week prior.