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 Growth ETF, where 11,200,000 units were destroyed, or a 10.1% decrease week over week. Among the largest underlying components of EFG, in morning trading today Sea is down about 7%, and Check Point Software Technologies is lower by about 0.2%.
And on a percentage change basis, the ETF with the biggest outflow was the WisdomTree Emerging Currency Strategy Fund, which lost 300,000 of its units, representing a 37.5% 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.
