JNK, HCRF: Big ETF Outflows
July 05, 2018 at 10:51 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 SPDR Bloomberg Barclays High Yield Bond ETF (JNK), where 14,500,000 units were destroyed, or a 5.3% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the iShares Edge MSCI Multifactor Healthcare ETF (HCRF), which lost 100,000 of its units, representing a 28.6% decline in outstanding units compared to the week prior.