BIL, DUSL: Big ETF Outflows
August 30, 2019 at 10:56 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 SPDR Bloomberg Barclays 1-3 Month T-Bill ETF, where 7,100,000 units were destroyed, or a 6.7% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the Daily Industrials Bull 3X Shares, which lost 50,000 of its units, representing a 33.3% decline in outstanding units compared to the week prior.