News Column

MOO, PEX: Big ETF Outflows

February 20, 2014

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Agribusiness ETF (MOO), where 3.3 million units were destroyed, or a 4.4% decrease week over week. Among the largest underlying components of MOO, in morning trading today Monsanto (MON) is up about 0.4%, and Syngenta (SYT) is lower by about 0.6%.

And on a percentage change basis, the ETF with the biggest outflow was the Proshares Global Listed Private Equity ETF (PEX), which lost 50,000 of its units, representing a 25.0% decline in outstanding units compared to the week prior.

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