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IXG, KESG: Big ETF Outflows
Wednesday, November 3, 10:46 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 Global Financials ETF, where 4,150,000 units were destroyed, or a 10.6% decrease week over week. Among the largest underlying components of IXG, in morning trading today JP Morgan Chase is off about 0.1%, and Bank of America is up by about 0.6%.

And on a percentage change basis, the ETF with the biggest outflow was the KESG ETF, which lost 100,000 of its units, representing a 25.0% decline in outstanding units compared to the week prior.

For MarketNewsVideo.com, I'm Sayoko Murase

IXG, KESG: Big ETF Outflows
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