IGSB, RXD: 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 1-5 Year Investment Grade Corporate Bond ETF, where 23,800,000 units were destroyed, or a 5.2% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the ProShares UltraShort Health Care, which lost 75,000 of its units, representing a 36.5% decline in outstanding units compared to the week prior.