SHY, BOIL: Big ETF Outflows
August 06, 2020 at 11:34 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 1-3 Year Treasury Bond ETF, where 3,900,000 units were destroyed, or a 1.5% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the ProShares ProShares Ultra Bloomberg Natural Gas, which lost 1,400,000 of its units, representing a 39.0% decline in outstanding units compared to the week prior.