SPHD, PKW: Big ETF Outflows
February 09, 2018 at 10:50 AM 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 PowerShares S&P 500 High Dividend Low Volatility Portfolio, where 16,850,000 units were destroyed, or a 19.6% decrease week over week. Among the largest underlying components of SPHD, in morning trading today PPL Corporation is up about 1.7%, and Southern Company is higher by about 1.3%.