SPMD, FLHK: 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 SPDR Portfolio S&P 400 Mid Cap ETF, where 10,450,000 units were destroyed, or a 16.5% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the FLHK ETF, which lost 300,000 of its units, representing a 40.0% decline in outstanding units compared to the week prior.