Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Gold Miners ETF (NYSE:GDX), where 9,150,000 units were destroyed, or a 2.0% decrease week over week. Among the largest underlying components of GDX, in morning trading today Barrick Gold (NYSE:GOLD) is up about 1%, and Newmont Goldcorp (NYSE:NEM) is lower by about 2.5%.
And on a percentage change basis, the ETF with the biggest outflow was the TPAY ETF (AMEX:TPAY), which lost 50,000 of its units, representing a 33.3% decline in outstanding units compared to the week prior.
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