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 EAFE ETF (EFA), where 27,600,000 units were destroyed, or a 2.8% decrease week over week. Among the largest underlying components of EFA, in morning trading today NXP Semiconductors (NXPI) is up about 1.1%, and Check Point Software Technologies (CHKP) is lower by about 1.4%.
And on a percentage change basis, the ETF with the biggest outflow was the EWJE ETF (EWJE), which lost 100,000 of its units, representing a 33.3% decline in outstanding units compared to the week prior.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
