updated Thursday, September 4, 12:04 PM
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Gold Miners ETF (GDX), where 4,800,000 units were destroyed, or a 1.6% decrease week over week. Among the largest underlying components of GDX, in morning trading today Goldcorp (GG) is up about 0.3%, and Barrick Gold (ABX) is lower by about 0.1%.
And on a percentage change basis, the ETF with the biggest outflow was the iShares Industrial/Office Real Estate Capped ETF (FNIO), which lost 200,000 of its units, representing a 33.3% decline in outstanding units compared to the week prior. Among the largest underlying components of FNIO, in morning trading today Prologis (PLD) is down about 0.3%, and SL Green Realty (SLG) is lower by about 0.2%.
For MarketNewsVideo.com, I'm Sayoko Murase.
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