Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares MSCI Emerging Markets ETF (AMEX:EEM), where 14,850,000 units were destroyed, or a 1.9% decrease week over week. Among the largest underlying components of EEM, in morning trading today Mobile Telesystems (NYSE:MBT) is off about 2.2%, and Credicorp (NYSE:BAP) is lower by about 0.3%.
And on a percentage change basis, the ETF with the biggest outflow was the iShares North America Real Estate ETF (IFNA), which lost 100,000 of its units, representing a 15.4% decline in outstanding units compared to the week prior. Among the largest underlying components of IFNA, in morning trading today Simon Property Group (NYSE:SPG) is down about 1.4%, and Public Storage (NYSE:PSA) is lower by about 0.8%.
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