Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the First Trust Capital Strength ETF, where 21,150,000 units were destroyed, or a 15.8% decrease week over week.
And on a percentage change basis, the ETF with the biggest outflow was the iShares Currency Hedged MSCI United Kingdom ETF, which lost 180,000 of its units, representing a 31.6% decline in outstanding units compared to the week prior. Among the largest underlying components of HEWU, in morning trading today Ishares Msci United Kingdom ETF is up about 0.5%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
