IAGG, EDZ: Big ETF Outflows
And on a percentage change basis, the ETF with the biggest outflow was the Direxion Daily MSCI Emerging Markets Bear 3X Shares, which lost 600,000 of its units, representing a 34.6% decline in outstanding units compared to the week prior. The views and opinions expressed herein
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 Core International Aggregate Bond ETF, where 40,150,000 units were destroyed, or a 15.4% decrease week over week.
This report comes from Nasdaq News. The story centres on IAGG, EDZ: Big ETF Outflows. Full coverage and background context is available at the original source. Readers seeking more detail on this developing topic are encouraged to follow updates from Nasdaq News and related outlets covering this beat.
