GLD, PSCD: 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 SPDR Gold Shares ( GLD ), where 3,600,000 units were destroyed, or a 1.3% decrease week over week.

And on a percentage change basis, the ETF with the biggest outflow was the Invesco S&P SmallCap Consumer Discretionary ETF ( PSCD ), which lost 400,000 of its units, representing a 23.5% decline in outstanding units compared to the week prior.

GLD, PSCD: Big ETF Outflows VIDEO: GLD, PSCD: 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
Referenced Symbols: GLD , PSCD

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