GASL, HJPX: Big ETF Outflows
March 09, 2016 at 11:20 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 Daily Natural Gas Related Bull 3x Shares (GASL), where 8,700,000 units were destroyed, or a 36.3% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the iShares Currency Hedged JPX-Nikkei 400 ETF (HJPX), which lost 100,000 of its units, representing a 40.0% decline in outstanding units compared to the week prior.