IAU, SIJ: Big ETF Outflows
March 25, 2013 at 13:58 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 Gold Trust (IAU), which shed 8,150,000 shares, or a 1.2% decrease week over week. And on a percentage change basis, the ETF with the largest outflow was the Proshares UltraShort Industrials (SIJ), which lost 75,000 of its shares, for a whopping 30.8% decline in outstanding shares.