Investors Withdraw $777M From iShares ETF

Investors have taken out around $777 million from the iShares MSCI Emerging Markets Fund.

Investors have taken out around $777 million from the iShares MSCI Emerging Markets Fund (EEM), Index Universe reports. The vehicle had around $39.03 billion in assets at the end of the trading session on Feb.1, down from $46.36 billion on Jan. 18. The Vanguard MSCI Emerging Markets ETF has taken over the EEM as the biggest emerging markets ETF. Investors have also taken out $64 million from the iShares FTSE/Xinhua China 25 ETF, leaving assets at $7.36 billion.

Click here for the story from Index Universe.