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LQD, LOPX: 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 iShares iBoxx $ Investment Grade Corporate Bond ETF, where 21,400,000 units were destroyed, or a 6.8% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the DIREXION SHARES ETF TRUST DIREXION LOW PRICED STOCK ETF, which lost 100,000 of its units, representing a 40.0% decline in outstanding units compared to the week prior.
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