Chronicle Journal: Finance

VGK, UBR: Big ETF Outflows

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 FTSE Europe ETF (VGK), where 6,599,911 units were destroyed, or a 2.3% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the ProShares Ultra MSCI Brazil Capped (UBR), which lost 50,000 of its units, representing a 30.0% decline in outstanding units compared to the week prior.
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