JNK, EUMV: Big ETF Outflows
November 12, 2015 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 SPDR Barclays High Yield Bond ETF (JNK), where 33,750,000 units were destroyed, or a 9.9% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the iShares MSCI Europe Minimum Volatility ETF (EUMV), which lost 750,000 of its units, representing a 36.6% decline in outstanding units compared to the week prior.