LQD, APRW: 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 iBoxx $ Investment Grade Corporate Bond ETF, where 11,700,000 units were destroyed, or a 3.8% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the APRW ETF, which lost 4,075,000 of its units, representing a 39.5% decline in outstanding units compared to the week prior.