SPSM, HFXJ: Big ETF Outflows
February 03, 2020 at 10:53 AM EST
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the SPDR Portfolio S&P 600 Small Cap ETF (SPSM), where 23,200,000 units were destroyed, or a 31.4% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the HFXJ ETF (HFXJ), which lost 100,000 of its units, representing a 33.3% decline in outstanding units compared to the week prior.