JNUG, RFDI: Big ETF Outflows
April 07, 2017 at 10:50 AM 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 Daily Junior Gold Miners Index Bull 3X Shares (JNUG), where 9,050,000 units were destroyed, or a 5.3% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the First Trust RiverFront Dynamic Developed International ETF (RFDI), which lost 549,998 of its units, representing a 21.2% decline in outstanding units compared to the week prior.