PDBC, SCIU: 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 Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF, where 3,000,000 units were destroyed, or a 1.6% decrease week over week.

And on a percentage change basis, the ETF with the biggest outflow was the Scientific Beta US ETF, which lost 150,000 of its units, representing a 30.0% decline in outstanding units compared to the week prior. Among the largest underlying components of SCIU, in morning trading today Aflac is off about 1.4%, and AT&T is lower by about 0.3%.


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

More Related Articles

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.