Investor Alert

July 29, 2020, 10:47 a.m. EDT

USMV, FTXG: Big ETF Outflows

Watchlist Relevance

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

Jul 29, 2020 (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 Edge MSCI Min Vol USA ETF, where 5,500,000 units were destroyed, or a 1.0% decrease week over week. Among the largest underlying components of USMV, in morning trading today Nextera Energy is up about 0.8%, and Microsoft is higher by about 1%.

And on a percentage change basis, the ETF with the biggest outflow was the First Trust Nasdaq Food & Beverage 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 FTXG, in morning trading today Conagra Brands is up about 0.5%, and Archer-Daniels-Midland is up by about 0.9%.

The preceding is a transcript of the MarketNewsVideo.com video published at: http://www.marketnewsvideo.com/?id=20200720200729etfflowsUSMV&mv=1 .



Is there a problem with this press release? Contact the source provider Comtex at editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center.

Copyright 2020 MarketNewsVideo.com

This Story has 0 Comments
Be the first to comment

Story Conversation

Commenting FAQs »
Link to MarketWatch's Slice.