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SDS, ONEO: Big ETF Outflows
Wednesday, September 23, 11:04 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 ProShares UltraShort S&P500, where 3,350,000 units were destroyed, or a 4.7% decrease week over week.
And on a percentage change basis, the ETF with the biggest outflow was the SPDR Russell 1000 Momentum Focus ETF, which lost 1,570,000 of its units, representing a 34.4% decline in outstanding units compared to the week prior. Among the largest underlying components of ONEO, in morning trading today Mckesson is up about 0.5%, and Micron Technology is higher by about 2%.
For MarketNewsVideo.com, I'm Sayoko Murase
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Wednesday, February 21, 12:04 PM ET |
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Wednesday, February 21, 10:53 AM ET |
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Tuesday, February 20, 12:13 PM ET |
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