BIL, JDST: Big ETF Outflows
November 06, 2015 at 10:57 AM EST
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 Barclays 1-3 Month T-Bill ETF (BIL), where 5,600,461 units were destroyed, or a 8.6% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the Daily Junior Gold Miners Index Bear 3x Shares (JDST), which lost 650,000 of its units, representing a 22.4% decline in outstanding units compared to the week prior.