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EFA, PXI: Big ETF Outflows
Friday, October 9, 10:47 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 iShares MSCI EAFE ETF, where 3,000,000 units were destroyed, or a 0.4% decrease week over week. Among the largest underlying components of EFA, in morning trading today Check Point Software Technologies is up about 0.7%, and WIX.COM is up by about 2.3%.

And on a percentage change basis, the ETF with the biggest outflow was the Invesco DWA Energy Momentum ETF, which lost 800,000 of its units, representing a 36.4% decline in outstanding units compared to the week prior. Among the largest underlying components of PXI, in morning trading today Cheniere Energy is down about 2.5%, and Valero Energy is lower by about 2.1%.

For MarketNewsVideo.com, I'm Sayoko Murase

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