DGRO, KALL: Big ETF Outflows
updated Thursday, January 26, 11:01 AMLooking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares Core Dividend Growth ETF, where 23,200,000 units were destroyed, or a 4.7% decrease week over week. Among the largest underlying components of DGRO, in morning trading today Exxon Mobil is up about 2%, and JP Morgan Chase is lower by about 0.1%.
And on a percentage change basis, the ETF with the biggest outflow was the KALL ETF, which lost 100,000 of its units, representing a 33.3% decline in outstanding units compared to the week prior.
For MarketNewsVideo.com, I'm Sayoko Murase