VRP, DBS: Big ETF Outflows
December 10, 2018 at 10:49 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 Invesco Variable Rate Preferred ETF (VRP), where 6,000,000 units were destroyed, or a 8.0% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the Invesco DB Silver Fund (DBS), which lost 200,000 of its units, representing a 25.0% decline in outstanding units compared to the week prior.