UVXY, DRIP: Big ETF Outflows
February 16, 2018 at 10:57 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 ProShares ProShares Ultra VIX Short-Term Futures ETF (UVXY), where 5,900,000 units were destroyed, or a 26.2% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the Daily S&P Oil & Gas Exp.