VGK, MTGP: Big ETF Outflows

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Vanguard FTSE Europe ETF, where 9,774,282 units were destroyed, or a 3.4% decrease week over week. Among the largest underlying components of VGK, in morning trading today Micro Focus is trading flat.

And on a percentage change basis, the ETF with the biggest outflow was the WisdomTree Mortgage Plus Bond Fund, which lost 300,000 of its units, representing a 37.5% decline in outstanding units compared to the week prior.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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