FAZ, EEME: Big ETF Outflows
Posted on July 27, 2012 at 12:50 PM EDT
Turning today to week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, the largest outflow was seen in the Daily Financial Bear 3x Shares (FAZ), which shed 2,200,000 shares, or a 6.5% decrease week over week. And on a percentage change basis, the ETF with the largest outflow was the iShares MSCI Emerging Markets EMEA Index Fund (EEME), which lost 100,000 of its shares, for a whopping 50.0% decline in outstanding shares.