BIL, FUTS: Big ETF Outflows
November 16, 2015 at 10:47 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 SPDR Barclays 1-3 Month T-Bill ETF (BIL), where 13,399,539 units were destroyed, or a 22.6% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the ProShares Managed Futures Strategy (FUTS), which lost 199,990 of its units, representing a 36.4% decline in outstanding units compared to the week prior.