GDX, CBND: Big ETF Outflows
December 21, 2017 at 10:50 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 Gold Miners ETF (GDX), where 154,999,500 units were destroyed, or a 30.9% decrease week over week. Among the largest underlying components of GDX, in morning trading today Newmont Mining Corporation (NEM) is up about 0.3%, and Barrick Gold Corporation (ABX) is lower by about 0.4%.