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 S&P Insurance ETF, where 3,350,000 units were destroyed, or a 11.4% decrease week over week. Among the largest underlying components of KIE, in morning trading today Axis Capital Holdings is up about 0.6%, and Aspen Insurance Holdings is lower by about 0.2%.
And on a percentage change basis, the ETF with the biggest outflow was the Daily CSI 300 China A Share Bear 1X Shares, which lost 1,000,000 of its units, representing a 29.0% decline in outstanding units compared to the week prior.
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