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PFF, XSHQ: 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 U.S. Preferred Stock ETF ( PFF ), where 10,150,000 units were destroyed, or a 2.3% decrease week over week. Among the largest underlying components of PFF, in morning trading today Wells Fargo ( WFC ) is off about 0.4%, and Citigroup is up by about 0.6%.

And on a percentage change basis, the ETF with the biggest outflow was the Invesco S&P SmallCap Quality ETF ( XSHQ ), which lost 450,000 of its units, representing a 32.1% decline in outstanding units compared to the week prior. Among the largest underlying components of XSHQ, in morning trading today First Financial Bankshares ( FFIN ) is off about 1.2%, and Firstcash ( FCFS ) is relatively unchanged.

PFF, XSHQ: Big ETF Outflows VIDEO: PFF, XSHQ: 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: PFF , WFC , XSHQ , FFIN , FCFS



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