DGL, PWC: Big ETF Outflows
ETF Channel Staff - Friday, March 8, 12:43 PMTurning today to week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, the largest outflow was seen in the DB Gold Fund (DGL), which shed 4,000,000 shares, or a 45.5% decrease week over week.
And on a percentage change basis, the ETF with the largest outflow was the Dynamic Market Portfolio (PWC), which lost 1,050,000 of its shares, for a whopping 29.2% decline in outstanding shares. Among the largest underlying components of PWC, in morning trading today Computer Sciences Corporation (CSC) is off about 1.2%, and Motorola Solutions New (MSI) is up by about 0.2%.
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