IEI, RORE: Big ETF Outflows
January 21, 2020 at 15:21 PM 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 3-7 Year Treasury Bond ETF, where 7,700,000 units were destroyed, or a 10.0% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the RORE ETF, which lost 200,000 of its units, representing a 40.0% decline in outstanding units compared to the week prior.