MOO, RYU: 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 Agribusiness ETF ( MOO ), where 3,100,000 units were destroyed, or a 4.7% decrease week over week. Among the largest underlying components of MOO, in morning trading today Syngenta ( SYT ) is up about 0.3%, and Monsanto ( MON ) is higher by about 0.3%.

And on a percentage change basis, the ETF with the biggest outflow was the Guggenheim S&P 500 Equal Weight Utilities ETF ( RYU ), which lost 400,000 of its units, representing a 30.8% decline in outstanding units compared to the week prior. Among the largest underlying components of RYU, in morning trading today Frontier Communications ( FTR ) is up about 0.9%, and Exelon (EXC) is higher by about 0.5%.

MOO, RYU: Big ETF Outflows VIDEO: MOO, RYU: 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: MOO , SYT , MON , RYU , FTR


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