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 20+ Year Treasury Bond ETF, where 12,900,000 units were destroyed, or a 2.4% decrease week over week.
And on a percentage change basis, the ETF with the biggest outflow was the FundX Flexible ETF, which lost 790,000 of its units, representing a 37.5% decline in outstanding units compared to the week prior. Among the largest underlying components of XFLX, in morning trading today Ishares Core 60/40 is off about 0.1%, and Ishares 5-10 Year Investment Grade is relatively unchanged.
VIDEO: TLT, XFLX: Big ETF Outflows
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