FXG, PZI: Big ETF Outflows
July 11, 2014 at 12:50 PM EDT
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the First Trust Consumer Staples AlphaDEX Fund (FXG), where 9,200,000 units were destroyed, or a 20.6% decrease week over week. Among the largest underlying components of FXG, in morning trading today Keurig Green Mountain (GMCR) is trading flat, and Dean Foods (DF) is higher by about 2%.