Feb 14, 2022 (MarketNewsVideo.com via COMTEX) --
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 Russell 2000 ETF, where 12,200,000 units were destroyed, or a 4.0% decrease week over week. Among the largest underlying components of IWM, in morning trading today Ovintiv is down about 2.5%, and BJs Wholesale Club Holdings is lower by about 0.2%.
And on a percentage change basis, the ETF with the biggest outflow was the China Energy ETF, which lost 330,000 of its units, representing a 36.3% decline in outstanding units compared to the week prior.
The preceding is a transcript of the MarketNewsVideo.com video published at: https://www.marketnewsvideo.com/?id=20220220220214etfflowsIWMC&mv=1 .
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