MOO, PEX: Big ETF Outflows
February 20, 2014 at 13:08 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 Agribusiness ETF (MOO), where 3.3 million units were destroyed, or a 4.4% decrease week over week. Among the largest underlying components of MOO, in morning trading today Monsanto (MON) is up about 0.4%, and Syngenta (SYT) is lower by about 0.6%.