SDY, IBTH: Big ETF Outflows
updated Wednesday, February 10, 10:50 AM
« Backupdated Wednesday, February 10, 10:50 AM
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the SPDR S&P Dividend ETF, where 13,000,000 units were destroyed, or a 7.6% decrease week over week. Among the largest underlying components of SDY, in morning trading today Exxon Mobil is up about 0.6%, and AT&T is lower by about 0.2%.
And on a percentage change basis, the ETF with the biggest outflow was the IBTH ETF, which lost 150,000 of its units, representing a 27.3% decline in outstanding units compared to the week prior.
For MarketNewsVideo.com, I'm Sayoko Murase
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