FXI, IAI: Big ETF Outflows

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 China Large-Cap ETF, where 7,200,000 units were destroyed, or a 8.0% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the iShares US Broker-Dealers & Securities Exchanges ETF, which lost 700,000 of its units, representing a 26.4% decline in outstanding units compared to the week prior.