SHY, FCAN: Big ETF Outflows

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 (SHY), where 32,600,000 units were destroyed, or a 13.2% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the First Trust Canada AlphaDEX Fund (FCAN), which lost 150,000 of its units, representing a 37.5% decline in outstanding units compared to the week prior.
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