EEM, IFNA: 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 MSCI Emerging Markets ETF (EEM), where 14,850,000 units were destroyed, or a 1.9% decrease week over week.  Among the largest underlying components of EEM, in morning trading today Mobile Telesystems (MBT) is off about 2.2%, and Credicorp (BAP) is lower by about 0.3%.