EMLC, XTH: 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 J.P. Morgan EM Local Currency Bond ETF ( EMLC ), where 6,500,000 units were destroyed, or a 4.2% decrease week over week.

And on a percentage change basis, the ETF with the biggest outflow was the SPDR S&P Technology Hardware ETF ( XTH ), which lost 40,000 of its units, representing a 40.0% decline in outstanding units compared to the week prior. Among the largest underlying components of XTH, in morning trading today Dell Technologies ( DELL ) is trading flat, and Electronics For Imaging ( EFII ) is relatively unchanged.

EMLC, XTH: Big ETF Outflows VIDEO: EMLC, XTH: 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 , Stocks , ETFs
Referenced Symbols: EMLC , XTH , DELL ,

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