EEM, SSG: Big ETF Outflows
December 31, 2013 at 13:38 PM 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 iShares MSCI Emerging Markets ETF (EEM), where 21.2 million units were destroyed, or a 2.1% decrease week over week. Among the largest underlying components of EEM, in morning trading today Mobile Telesystems (MBT) is up about 0.5%, and CrediCorp (BAP) is up by about 0.1%.