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HEDJ, TOK: Big ETF Outflows

This article is more than 7 years old.

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the WisdomTree Europe Hedged Equity Fund (HEDJ), where 3,850,000 units were destroyed, or a 2.2% decrease week over week.

And on a percentage change basis, the ETF with the biggest outflow was the iShares MSCI Kokusai ETF (TOK), which lost 1,200,000 of its units, representing a 28.6% decline in outstanding units compared to the week prior. Among the largest underlying components of TOK, in morning trading today Apple (AAPL) is up about 0.1%, and Microsoft (MSFT) is lower by about 0.6%.