PHB, JHMU: Big ETF Outflows

Shutterstock photo

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Invesco Fundamental High Yield Corporate Bond ETF ( PHB ), where 10,600,000 units were destroyed, or a 22.8% decrease week over week.

And on a percentage change basis, the ETF with the biggest outflow was the JHMU ETF ( JHMU ), which lost 350,000 of its units, representing a 22.7% decline in outstanding units compared to the week prior.

PHB, JHMU: Big ETF Outflows VIDEO: PHB, JHMU: 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: PHB , JHMU

More from BNK Invest


BNK Invest

BNK Invest

Market News, Investing

Research Brokers before you trade

Want to trade FX?