The Online Investor - Fri., Mar. 22, 10:47 AM
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 MSCI EAFE ETF (EFA), where 16,800,000 units were destroyed, or a 1.7% decrease week over week. Among the largest underlying components of EFA, in morning trading today NXP Semiconductors (NXPI) is off about 2.1%, and Teva Pharmaceutical Industries (TEVA) is lower by about 1.9%.
And on a percentage change basis, the ETF with the biggest outflow was the ProShares Short MSCI EAFE (EFZ), which lost 550,000 of its units, representing a 28.6% decline in outstanding units compared to the week prior.