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 29,050,000 units were destroyed, or a 13.8% decrease week over week. Among the largest underlying components of HEFA, in morning trading today Ishares Msci Eafe ETF is down about 0.3%, and Spotify Technology is higher by about 0.5%.
And on a percentage change basis, the ETF with the biggest outflow was the TYLD ETF, which lost 650,000 of its units, representing a 37.1% decline in outstanding units compared to the week prior.
VIDEO: HEFA, TYLD: Big ETF Outflows
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