Markets

FXI, SMH: Big ETF Outflows

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Shutterstock photo

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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 China Large-Cap ETF, where 16,650,000 units were destroyed, or a 12.7% decrease week over week.

And on a percentage change basis, the ETF with the biggest outflow was the Semiconductor ETF, which lost 1,300,063 of its units, representing a 25.6% decline in outstanding units compared to the week prior. Among the largest underlying components of SMH, in morning trading today Intel is off about 0.1%, and Taiwan Semiconductor Manufacturing is lower by about 0.9%.

VIDEO: FXI, SMH: 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.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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