LQD, DEMZ: 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 iBoxx $ Investment Grade Corporate Bond ETF (LQD), where 16,100,000 units were destroyed, or a 4.8% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the DEMZ ETF (DEMZ), which lost 75,000 of its units, representing a 37.5% decline in outstanding units compared to the week prior.
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