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 Russell Mid-Cap Growth ETF (IWP), where 19,600,000 units were destroyed, or a 12.3% decrease week over week. Among the largest underlying components of IWP, in morning trading today Royal Caribbean Cruises (RCL) is up about 0.8%, and Howmet Aerospace (HWM) is lower by about 2%.
And on a percentage change basis, the ETF with the biggest outflow was the PLTZ ETF (PLTZ), which lost 200,000 of its units, representing a 36.4% decline in outstanding units compared to the week prior.
VIDEO: IWP, PLTZ: Big ETF Outflows
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