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 Silver Trust, where 3,900,000 units were destroyed, or a 0.8% decrease week over week.
And on a percentage change basis, the ETF with the biggest outflow was the ProShares Ultra MSCI Japan, which lost 90,000 of its units, representing a 32.1% decline in outstanding units compared to the week prior. Among the largest underlying components of EZJ, in morning trading today Ishares Msci Japan Index Fund is up about 2.2%.
VIDEO: SLV, EZJ: 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.
