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 Quality Portfolio ( SPHQ ), where 15,200,000 units were destroyed, or a 31.5% decrease week over week. Among the largest underlying components of SPHQ, in morning trading today Home Depot ( HD ) is up about 0.8%, and McDonald's Corporation ( MCD ) is up by about 0.8%.
And on a percentage change basis, the ETF with the biggest outflow was the PowerShares S&P International Developed Quality Portfolio ( IDHQ ), which lost 500,000 of its units, representing a 33.3% decline in outstanding units compared to the week prior. Among the largest underlying components of IDHQ, in morning trading today Nuveen Mortgage Opportunity Term ( JMT ) is up about 0.1%, and Carnival Corporation (CCL) is up by about 0.7%.
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.
