IEFA, FNK: Big ETF Outflows
June 18, 2020 at 10:54 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 Core MSCI EAFE ETF, where 19,400,000 units were destroyed, or a 1.7% decrease week over week. Among the largest underlying components of IEFA, in morning trading today Teva Pharmaceutical Industries is up about 0.2%, and Check Point Software Technologies is lower by about 0.4%.