TLT, UJB: 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 iShares 20+ Year Treasury Bond ETF, where 11,300,000 units were destroyed, or a 1.9% decrease week over week.
And on a percentage change basis, the ETF with the biggest outflow was the ProShares Ultra High Yield, which lost 100,000 of its units, representing a 40.0% decline in outstanding units compared to the week prior.
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