BRZU, ERY: Big ETF Outflows

Shutterstock photo

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Daily MSCI Brazil Bull 3X Shares ( BRZU ), where 2,350,000 units were destroyed, or a 15.8% decrease week over week.

And on a percentage change basis, the ETF with the biggest outflow was the Daily Energy Bear 3X Shares ( ERY ), which lost 100,000 of its units, representing a 19.7% decline in outstanding units compared to the week prior.

BRZU, ERY: Big ETF Outflows VIDEO: BRZU, ERY: 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 , Stocks , ETFs
Referenced Symbols: BRZU , ERY

More from BNK Invest


BNK Invest

BNK Invest

Market News, Investing

Research Brokers before you trade

Want to trade FX?