News Column

FXR, FGM: Big ETF Outflows

July 30, 2014

MarketNewsVideo.com



Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the First Trust Industrials/Producer Durables AlphaDEX Fund (FXR), where 7,950,000 units were destroyed, or a 20.6% decrease week over week. Among the largest underlying components of FXR, in morning trading today URS Corporation (URS) is trading flat, and AECOM Technology (ACM) is lower by about 0.1%.

And on a percentage change basis, the ETF with the biggest outflow was the First Trust Germany AlphaDEX Fund (FGM), which lost 399,998 of its units, representing a 22.9% decline in outstanding units compared to the week prior.

The preceding is a transcript of the MarketNewsVideo.com video published at: http://www.marketnewsvideo.com/?id=201407Outflows073014&mv=1.


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: MarketNewsVideo.com


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters