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HYG, GBLD: Big ETF Outflows Wednesday, February 21, 10:53 AM ET 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 $ High Yield Corporate Bond ETF, where 14,400,000 units were destroyed, or a 6.1% decrease week over week.
And on a percentage change basis, the ETF with the biggest outflow was the Invesco MSCI Green Building ETF, which lost 150,000 of its units, representing a 30.0% decline in outstanding units compared to the week prior. Among the largest underlying components of GBLD, in morning trading today Alexandria Real Estate Equities is up about 1.4%, and Boston Properties is relatively unchanged.
For MarketNewsVideo.com, I'm Sayoko Murase | |
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