Markets

GASL, HJPX: Big ETF Outflows

Shutterstock photo
Shutterstock photo

Shutterstock photo

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Daily Natural Gas Related Bull 3x Shares ( GASL ), where 8,700,000 units were destroyed, or a 36.3% decrease week over week.

And on a percentage change basis, the ETF with the biggest outflow was the iShares Currency Hedged JPX-Nikkei 400 ETF ( HJPX ), which lost 100,000 of its units, representing a 40.0% decline in outstanding units compared to the week prior. Among the largest underlying components of HJPX, in morning trading today iShares Japan Large-cap ETF ( JPXN ) is trading flat.

VIDEO: GASL, HJPX: Big ETF Outflows

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.

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