BIV, SCJ: Big ETF Outflows
July 30, 2018 at 10:47 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 Vanguard Intermediate-Term Bond ETF (BIV), where 4,300,000 units were destroyed, or a 2.6% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the iShares MSCI Japan Small-Cap ETF (SCJ), which lost 1,600,000 of its units, representing a 29.6% decline in outstanding units compared to the week prior.
