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 Currency Hedged MSCI EAFE ETF, where 8,950,000 units were destroyed, or a 4.6% decrease week over week. Among the largest underlying components of HEFA, in morning trading today Ishares Msci Eafe ETF is down about 3.1%, and Sea is higher by about 0.2%.
And on a percentage change basis, the ETF with the biggest outflow was the JUNZ ETF, which lost 80,000 of its units, representing a 37.2% decline in outstanding units compared to the week prior.
VIDEO: HEFA, JUNZ: Big ETF Outflows
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