MOO, FYC: Big ETF Outflows
January 17, 2014 at 12:22 PM EST
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Market Vectors Agribusiness ETF (MOO), where 2.6 million units were destroyed, or a 3.1% decrease week over week. Among the largest underlying components of MOO, in morning trading today Monsanto (MON) is up about 0.2%, and Syngenta (SYT) is lower by about 0.6%.