Forbes - Markets
HEFA, HEEM: 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 Currency Hedged MSCI EAFE ETF (HEFA), where 8,700,000 units were destroyed, or a 7.7% decrease week over week. Among the largest underlying components of HEFA, in morning trading today iShares MSCI EAFE Index (EFA) is down about 1.3%.
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