August 03, 2012 at 12:03 PM EDT
NUGT, IPF: Big ETF Outflows
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 Gold Miners Bull 3x Shares (NUGT), which shed 3,650,000 shares, or a 13.8% decrease week over week. Among the largest underlying components of NUGT, in morning trading today Market Vectors Gold Miners Etf (GDX) is up about 1.6%.
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