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IYR, PTH: Big ETF Outflows

by www.forbes.com
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 U.S. Real Estate ETF (IYR), where 7,800,000 units were destroyed, or a 12.8% decrease week over week.  Among the largest underlying components of IYR, in morning trading today Simon Property Group (SPG) is off about 0.3%, and American Tower (AMT) is lower by about 0.1%.
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