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SPHD, PKW: 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 PowerShares S&P 500 High Dividend Low Volatility Portfolio, where 16,850,000 units were destroyed, or a 19.6% decrease week over week. Among the largest underlying components of SPHD, in morning trading today PPL Corporation is up about 1.7%, and Southern Company is higher by about 1.3%.

And on a percentage change basis, the ETF with the biggest outflow was the PowerShares BuyBack Achievers Portfolio, which lost 13,700,000 of its units, representing a 36.7% decline in outstanding units compared to the week prior. Among the largest underlying components of PKW, in morning trading today Charter Communications is up about 1.7%, and Disney is higher by about 0.8%.

VIDEO: SPHD, PKW: 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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