NEAR, WDIV: Big ETF Outflows Tuesday, October 13, 10:53 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 Short Maturity Bond ETF, where 13,700,000 units were destroyed, or a 12.8% decrease week over week.
And on a percentage change basis, the ETF with the biggest outflow was the SPDR S&P Global Dividend ETF, which lost 900,000 of its units, representing a 22.5% decline in outstanding units compared to the week prior. Among the largest underlying components of WDIV, in morning trading today Northland Power is up about 1.2%, and Compass Minerals is lower by about 1.6%.
For MarketNewsVideo.com, I'm Sayoko Murase
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