SLV, RWGV: Big ETF Outflows
August 31, 2021 at 11:28 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 Silver Trust, where 6,550,000 units were destroyed, or a 1.1% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the Direxion Russell 1000 Growth Over Value ETF, which lost 75,000 of its units, representing a 27.3% decline in outstanding units compared to the week prior.