SLV, SMDD: Big ETF Outflows
August 31, 2012 at 12:51 PM EDT
Turning today to week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, the largest outflow was seen in the iShares Silver Trust (SLV), which shed 2,100,000 shares, or a 0.6% decrease week over week. And on a percentage change basis, the ETF with the largest outflow was the Proshares UltraPro Short MidCap400 (SMDD), which lost 50,000 of its shares, for a whopping 18.2% decline in outstanding shares.
