SH, ALTL: 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 ProShares Short S&P500, where 20,750,000 units were destroyed, or a 14.1% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the ALTL ETF, which lost 700,000 of its units, representing a 30.4% decline in outstanding units compared to the week prior.
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