Markets
DUK

IJH, IDU: Big ETF Outflows

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 Core S&P Mid-Cap ETF ( IJH ), where 9,850,000 units were destroyed, or a 6.0% decrease week over week. Among the largest underlying components of IJH, in morning trading today Equinix ( EQIX ) is down about 0.1%, and United Rentals ( URI ) is lower by about 0.7%.

And on a percentage change basis, the ETF with the biggest outflow was the iShares U.S. Utilities ETF ( IDU ), which lost 6,000,000 of its units, representing a 35.9% decline in outstanding units compared to the week prior. Among the largest underlying components of IDU, in morning trading today Duke Energy ( DUK ) is up about 0.6%, and Nextera Energy (NEE) is up by about 0.8%.

VIDEO: IJH, IDU: 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.

In This Story

DUK URI IJH EQIX IDU

Other Topics

Investing

Latest Markets Videos

    BNK Invest

    BNK Invest Inc. provides investment services and information. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. BNK Invest caters to investing firms and individual investors internationally.

    Learn More