XLV, RZG: 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 Health Care Select Sector SPDR Fund ( XLV ), where 4,800,000 units were destroyed, or a 3.0% decrease week over week. Among the largest underlying components of XLV, in morning trading today Johnson & Johnson ( JNJ ) is off about 0.5%, and Pfizer ( PFE ) is higher by about 1.1%.

And on a percentage change basis, the ETF with the biggest outflow was the Guggenheim S&P SmallCap 600 Pure Growth ETF ( RZG ), which lost 150,000 of its units, representing a 10.3% decline in outstanding units compared to the week prior. Among the largest underlying components of RZG, in morning trading today US Silica Holdings ( SLCA ) is up about 1.6%, and Repligen Corporation (RGEN) is higher by about 0.5%.

XLV, RZG: Big ETF Outflows VIDEO: XLV, RZG: 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: XLV , JNJ , PFE , RZG , SLCA


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