SDY, ZSL: Big ETF Outflows Thursday, November 8, 10:48 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 S&P Dividend ETF (SDY), where 10,300,000 units were destroyed, or a 5.8% decrease week over week. Among the largest underlying components of SDY, in morning trading today AT&T (T) is off about 0.1%, and Realty Income Corporation (O) is lower by about 0.9%.
And on a percentage change basis, the ETF with the biggest outflow was the ProShares UltraShort Silver (ZSL), which lost 150,000 of its units, representing a 32.1% decline in outstanding units compared to the week prior.
For MarketNewsVideo.com, I'm Sayoko Murase.
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