EZU, XRT: 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, where 12,900,000 units were destroyed, or a 3.8% decrease week over week. Among the largest underlying components of EZU, in morning trading today NXP Semiconductors is down about 0.9%, and Coca-cola European Partners is lower by about 0.6%.

And on a percentage change basis, the ETF with the biggest outflow was the SPDR S&P Retail ETF, which lost 3,100,000 of its units, representing a 24.6% decline in outstanding units compared to the week prior. Among the largest underlying components of XRT, in morning trading today Guess is down about 0.3%, and The Finish Line is relatively unchanged.

EZU, XRT: Big ETF OutflowsVIDEO: EZU, XRT: 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 , XRT , NXPI , CCE , GES

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