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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 9,500,000 units were destroyed, or a 2.9% decrease week over week. Among the largest underlying components of EZU, in morning trading today NXP Semiconductors ( NXPI ) is up about 1.6%, and Coca-Cola European Partners ( CCE ) is up by about 0.1%.
And on a percentage change basis, the ETF with the biggest outflow was the Daily S&P 500 Bear 1X Shares ( SPDN ), which lost 350,000 of its units, representing a 29.2% 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.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
