Bulletin
Investor Alert

New York Markets Open in:

Aug. 5, 2019, 10:53 a.m. EDT

ITB, CHAD: Big ETF Outflows

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

or Cancel Already have a watchlist? Log In

Aug 05, 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 iShares U.S. Home Construction ETF (ITB), where 2,950,000 units were destroyed, or a 9.4% decrease week over week. Among the largest underlying components of ITB, in morning trading today D.R. Horton (DHI) is down about 1.6%, and Lennar Corporation (LEN) is lower by about 1.6%.

And on a percentage change basis, the ETF with the biggest outflow was the Daily CSI 300 China A Share Bear 1X Shares (CHAD), which lost 1,000,000 of its units, representing a 33.9% 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=20190820190805etfflowsITBC&mv=1 .







        http://www.marketnewsvideo.com/
        


Copyright 2019 MarketNewsVideo.com

This Story has 0 Comments
Be the first to comment

Story Conversation

Commenting FAQs »
Link to MarketWatch's Slice.