News Column

RWM, UKK: Big ETF Outflows

August 25, 2014

MarketNewsVideo.com



Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Proshares Short Russell2000 (RWM), where 1,050,000 units were destroyed, or a 2.0% decrease week over week.

And on a percentage change basis, the ETF with the biggest outflow was the Proshares Ultra Russell2000 Growth (UKK), which lost 75,000 of its units, representing a 33.3% decline in outstanding units compared to the week prior. Among the largest underlying components of UKK, in morning trading today 22nd Century Group (XXII) is down about 2.5%, and 2U (TWOU) is higher by about 0.3%.

The preceding is a transcript of the MarketNewsVideo.com video published at: http://www.marketnewsvideo.com/?id=201408Outflows082514&mv=1.


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Source: MarketNewsVideo.com


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