By: ETF Channel
May 30, 2013 at 12:19 PM EDT
IAU, RUSS: Big ETF Outflows
Turning today to week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, the largest outflow was seen in the iShares Gold Trust (IAU), which shed 8.8 million shares, or a 1.4% decrease week over week. And on a percentage change basis, the ETF with the largest outflow was the Daily Russia Bear 3x Shares (RUSS), which lost 550,000 of its shares, for a whopping 42.3% decline in outstanding shares.
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