GLD, HGEM: Big ETF Outflows
Posted on January 11, 2013 at 12:49 PM EST
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 SPDR Gold Shares (GLD), which shed 3,200,000 shares, or a 0.7% decrease week over week. And on a percentage change basis, the ETF with the largest outflow was the Health Care GEMS ETF (HGEM), which lost 50,000 of its shares, for a whopping 25.0% decline in outstanding shares.