By: ETF Channel
June 18, 2013 at 12:30 PM EDT
EWH, UGE: 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 MSCI Hong Kong Index Fund (EWH), which shed 31.7 million shares, or a 20.4% decrease week over week. And on a percentage change basis, the ETF with the largest outflow was the Proshares Ultra Consumer Goods Fund (UGE), which lost 75,000 of its shares, for a whopping 25.0% decline in outstanding shares.
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