News Column

IJH, IDU: Big ETF Outflows

August 8, 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 iShares Core S&P Mid-Cap ETF (IJH), where 9,850,000 units were destroyed, or a 6.0% decrease week over week. Among the largest underlying components of IJH, in morning trading today Equinix (EQIX) is down about 0.1%, and United Rentals (URI) is lower by about 0.7%.

And on a percentage change basis, the ETF with the biggest outflow was the iShares U.S. Utilities ETF (IDU), which lost 6,000,000 of its units, representing a 35.9% decline in outstanding units compared to the week prior. Among the largest underlying components of IDU, in morning trading today Duke Energy (DUK) is up about 0.6%, and Nextera Energy (NEE) is up by about 0.8%.

The preceding is a transcript of the video published at:

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


Story Tools Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters