EZU, KCE: 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 MSCI Eurozone ETF ( EZU ), where 8,500,000 units were destroyed, or a 2.7% decrease week over week. Among the largest underlying components of EZU, in morning trading today NXP Semiconductors ( NXPI ) is off about 0.2%, and Coca-Cola European Partners ( CCE ) is lower by about 0.1%.

And on a percentage change basis, the ETF with the biggest outflow was the SPDR S&P Capital Markets ETF ( KCE ), which lost 500,000 of its units, representing a 17.5% decline in outstanding units compared to the week prior. Among the largest underlying components of KCE, in morning trading today Financial Engines ( FNGN ) is up about 0.1%, and Greenhill (GHL) is lower by about 1%.

EZU, KCE: Big ETF Outflows VIDEO: EZU, KCE: 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
Referenced Symbols: EZU , NXPI , KCE ,

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