IYR, MEXX: Big ETF Outflows
May 13, 2021 at 10:47 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 iShares US Real Estate ETF, where 12,150,000 units were destroyed, or a 18.6% decrease week over week. Among the largest underlying components of IYR, in morning trading today American Tower is up about 0.1%, and Prologis is up by about 0.6%.