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FXN, ACWF: Big ETF Outflows
Monday, September 14, 11:36 AM ET

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the First Trust Energy AlphaDEX Fund, where 8,300,000 units were destroyed, or a 8.2% decrease week over week. Among the largest underlying components of FXN, in morning trading today Enphase Energy is up about 5%, and Solaredge Technologies is higher by about 5.9%.

And on a percentage change basis, the ETF with the biggest outflow was the iShares MSCI Global Multifactor ETF, which lost 1,250,000 of its units, representing a 32.1% decline in outstanding units compared to the week prior. Among the largest underlying components of ACWF, in morning trading today Intel is up about 0.4%, and Accenture is higher by about 2.6%.

For MarketNewsVideo.com, I'm Sayoko Murase

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