Last week brought large liquidations with U.S. equity exchange traded funds (ETFs). On Thursday alone, $1.2 billion was redeemed. This brought the outflow from Tuesday to Thursday to $6.0 billion. The leading redeemer was iShares Russell 2000 Index (IWM). TrimTabs of Forbes.com reports investors poured $258 million (7.9% of assets) into materials, they pulled $284 million (2.4% of assets) out of financials. Global equity had an outflow of $576 million, or 1.2% of assets and Bond and Commodity ETFs had an outflow of $105 million.
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