Financial News

JNK, DRIP: 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 SPDR Bloomberg Barclays High Yield Bond ETF (JNK), where 23,500,000 units were destroyed, or a 9.2% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the Daily S&P Oil & Gas Exp.
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