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EZU, UBR: 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 MSCI Eurozone ETF ( EZU ), where 16,700,000 units were destroyed, or a 5.7% decrease week over week. Among the largest underlying components of EZU, in morning trading today Nxp Semiconductors ( NXPI ) is down about 2.1%, and Coca-Cola European Partners ( CCE ) is higher by about 0.5%.

And on a percentage change basis, the ETF with the biggest outflow was the ProShares Ultra MSCI Brazil Capped ( UBR ), which lost 50,000 of its units, representing a 23.1% decline in outstanding units compared to the week prior.

EZU, UBR: Big ETF Outflows VIDEO: EZU, UBR: 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
Referenced Symbols: EZU , NXPI , UBR



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