RSX, PEJ: Big ETF Outflows
ETF Channel Staff - Tuesday, March 19, 10:51 AM
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Russia ETF, where 4,200,000 units were destroyed, or a 5.9% decrease week over week. Among the largest underlying components of RSX, in morning trading today Yandex is up about 0.1%, and Mobile Telesystems is lower by about 1.9%.
And on a percentage change basis, the ETF with the biggest outflow was the Invesco Dynamic Leisure and Entertainment ETF, which lost 600,000 of its units, representing a 27.9% decline in outstanding units compared to the week prior. Among the largest underlying components of PEJ, in morning trading today Walt Disney Company is trading flat, and Fox Corporation is lower by about 0.8%.