EDC, DRV: Big ETF Outflows

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Turning today to week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, the largest outflow was seen in the Daily Emerging Markets Bull 3X Shares (EDC), which shed 17 million shares, or a 79.1% decrease week over week.

And on a percentage change basis, the ETF with the largest outflow was the Daily Real Estate Bear 3x Shares (DRV), which lost 3.1 million of its shares, for a 80.0% decline in outstanding shares.