SHY, FXB: Big ETF Outflows
March 10, 2014 at 14:05 PM EDT
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 1-3 Year Treasury Bond ETF (SHY), where 46,000,000 units were destroyed, or a 32.9% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the British Pound Sterling Trust (FXB), which lost 50,000 of its units, representing a 12.5% decline in outstanding units compared to the week prior.