IWM, PRB: Big ETF Outflows

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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 Russell 2000 ETF, where 6,250,000 units were destroyed, or a 2.3% decrease week over week. Among the largest underlying components of IWM, in morning trading today Kite Pharma is up about 1.3%, and Medidata Solutions is lower by about 1%.

And on a percentage change basis, the ETF with the biggest outflow was the Pre-Refunded Municipal Index ETF, which lost 200,000 of its units, representing a 25.0% decline in outstanding units compared to the week prior.

IWM, PRB: Big ETF OutflowsVIDEO: IWM, PRB: Big ETF Outflows

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