PHB, RETL: 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 PowerShares Fundamental High Yield Corporate Bond Portfolio, where 1,900,000 units were destroyed, or a 3.1% decrease week over week.

And on a percentage change basis, the ETF with the biggest outflow was the Daily Retail Bull 3X Shares, which lost 600,000 of its units, representing a 38.7% decline in outstanding units compared to the week prior.

PHB, RETL: Big ETF Outflows VIDEO: PHB, RETL: 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: PHB , RETL

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