IWM, TZE: Big ETF Outflows


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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 Russell 2000 ETF ( IWM ), where 9,650,000 units were destroyed, or a 3.8% decrease week over week. Among the largest underlying components of IWM, in morning trading today athenahealth ( ATHN ) is up about 0.3%, and Acuity Brands ( AYI ) is up by about 0.5%.

And on a percentage change basis, the ETF with the biggest outflow was the iShares Target Date 2015 ETF ( TZE ), which lost 250,000 of its units, representing a 26.3% decline in outstanding units compared to the week prior.

IWM, TZE: Big ETF Outflows VIDEO: IWM, TZE: Big ETF Outflows

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Investing Ideas
More Headlines for: IWM , ATHN , AYI , TZE

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