Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the DIREXION DAILY SEMICONDUCTOR BULL 3X SHARES, where 15,950,000 units were destroyed, or a 4.7% decrease week over week.
And on a percentage change basis, the ETF with the biggest outflow was the ProShares UltraShort Oil & Gas, which lost 650,000 of its units, representing a 30.2% decline in outstanding units compared to the week prior.
VIDEO: SOXL, DUG: Big ETF Outflows
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