IJH, IDU: Big ETF Outflows


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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 Core S&P Mid-Cap ETF ( IJH ), where 9,850,000 units were destroyed, or a 6.0% decrease week over week. Among the largest underlying components of IJH, in morning trading today Equinix ( EQIX ) is down about 0.1%, and United Rentals ( URI ) is lower by about 0.7%.

And on a percentage change basis, the ETF with the biggest outflow was the iShares U.S. Utilities ETF ( IDU ), which lost 6,000,000 of its units, representing a 35.9% decline in outstanding units compared to the week prior. Among the largest underlying components of IDU, in morning trading today Duke Energy ( DUK ) is up about 0.6%, and Nextera Energy (NEE) is up by about 0.8%.

IJH, IDU: Big ETF Outflows VIDEO: IJH, IDU: Big ETF Outflows

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Investing Ideas
More Headlines for: IJH , EQIX , URI , IDU , DUK

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