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 Value ETF, where 14,800,000 units were destroyed, or a 4.5% decrease week over week. Among the largest underlying components of EFV, in morning trading today Teva Pharmaceutical Industries is up about 0.6%, and Aercap Holdings is higher by about 1.4%.
And on a percentage change basis, the ETF with the biggest outflow was the JRNY ETF, which lost 150,000 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.
