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Nov. 27, 2019, 10:52 a.m. EST

DUST, FTXR: Big ETF Outflows

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Nov 27, 2019 (MarketNewsVideo.com via COMTEX) --

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Daily Gold Miners Index Bear 3X Shares, where 6,100,000 units were destroyed, or a 11.9% decrease week over week.

And on a percentage change basis, the ETF with the biggest outflow was the First Trust Nasdaq Transportation ETF, which lost 50,000 of its units, representing a 33.3% decline in outstanding units compared to the week prior. Among the largest underlying components of FTXR, in morning trading today Intelsat is off about 3.6%, and Kansas City Southern is relatively unchanged.

The preceding is a transcript of the MarketNewsVideo.com video published at: http://www.marketnewsvideo.com/?id=20191120191127etfflowsDUST&mv=1 .







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