| More
If the video does not load after a few moments, Upgrade to the Latest Flash Player.

 NOW PLAYING: SPYD, JHMA: Big ETF Outflows
Stock Market Videos from Market News Video   NEXT VIDEO: XLU, FICS: Big ETF Inflows
 8/11, 10:49 AM ET, Market News Video
ADVERTISEMENT:
SPYD, JHMA: Big ETF Outflows (8/11, 10:49 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 SPDR Portfolio S&P 500 High Dividend ETF, where 12,450,000 units were destroyed, or a 9.5% decrease week over week. Among the largest underlying components of SPYD, in morning trading today Pfizer is off about 2.4%, and Valero Energy is lower by about 1%.

And on a percentage change basis, the ETF with the biggest outflow was the JHMA ETF, which lost 200,000 of its units, representing a 32.8% decline in outstanding units compared to the week prior.

For MarketNewsVideo.com, I'm Sayoko Murase

« back