BIL, EET: 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 SPDR Barclays 1-3 Month T-Bill ETF ( BIL ), where 3,200,000 units were destroyed, or a 7.9% decrease week over week.

And on a percentage change basis, the ETF with the biggest outflow was the ProShares Ultra MSCI Emerging Markets ( EET ), which lost 125,000 of its units, representing a 21.7% decline in outstanding units compared to the week prior.

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