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 Emerging Markets ETF (EEM), where 18.9 million units were destroyed, or a 2.0% decrease week over week. Among the largest underlying components of EEM, in morning trading today Mobile Telesystems (MBT) is off about 1.5%, and CrediCorp (BAP) is lower by about 0.8%. And on a percentage change basis, the ETF with the biggest outflow was the First Trust Multi Cap Growth AlphaDEX Fund (FAD), which lost 450,000 of its units, representing a 28.1% decline in outstanding units compared to the week prior. The preceding is a transcript of the MarketNewsVideo.com video published at: http://www.marketnewsvideo.com/?id=201401Outflows011613&mv=1 .
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