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Dec. 5, 2019, 10:53 a.m. EST

IXC, EWJV: Big ETF Outflows

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Dec 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 Global Energy ETF (IXC), where 3,450,000 units were destroyed, or a 11.9% decrease week over week. Among the largest underlying components of IXC, in morning trading today Exxon Mobil (XOM) is off about 0.1%, and Chevron Corporation (CVX) is relatively unchanged.

And on a percentage change basis, the ETF with the biggest outflow was the iShares MSCI Japan Value ETF (EWJV), which lost 100,000 of its units, representing a 25.0% 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=20191220191205etfflowsIXCE&mv=1 .


Copyright 2019 MarketNewsVideo.com

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