LQD, COM: Big ETF Outflows
December 18, 2019 at 10:49 AM EST
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 iBoxx $ Investment Grade Corporate Bond ETF (LQD), where 5,500,000 units were destroyed, or a 2.0% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the Auspice Broad Commodity Strategy ETF (COM), which lost 550,000 of its units, representing a 31.4% decline in outstanding units compared to the week prior.