Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the ProShares UltraPro Short S&P500, where 6,250,000 units were destroyed, or a 14.9% decrease week over week.
And on a percentage change basis, the ETF with the biggest outflow was the ProShares Short Financials, which lost 250,000 of its units, representing a 28.6% decline in outstanding units compared to the week prior.
VIDEO: SPXU, SEF: Big ETF Outflows
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