BKLN, GLL: Big ETF Outflows Wednesday, June 12, 10:49 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 Invesco Senior Loan ETF (NYSE:BKLN), where 21,700,000 units were destroyed, or a 10.7% decrease week over week.
And on a percentage change basis, the ETF with the biggest outflow was the ProShares UltraShort Gold (NYSE:GLL), which lost 100,000 of its units, representing a 33.7% decline in outstanding units compared to the week prior.
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