LQD, AMCA: Big ETF Outflows
August 19, 2020 at 11:21 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 iShares iBoxx $ Investment Grade Corporate Bond ETF, where 5,400,000 units were destroyed, or a 1.3% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the iShares Russell 1000 Pure US Revenue ETF, which lost 50,000 of its units, representing a 33.3% decline in outstanding units compared to the week prior.