TLT, FXH: Big ETF Outflows

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 20+ Year Treasury Bond ETF (TLT), where 13,400,000 units were destroyed, or a 17.3% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the First Trust Health Care AlphaDEX Fund (FXH), which lost 13,000,000 of its units, representing a 37.0% decline in outstanding units compared to the week prior.