FXO, EFU: Big ETF Outflows
April 12, 2018 at 10:50 AM 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 Financials AlphaDEX Fund (FXO), where 8,450,000 units were destroyed, or a 18.5% decrease week over week. Among the largest underlying components of FXO, in morning trading today Corecivic (CXW) is down about 0.2%, and Assured Guaranty (AGO) is higher by about 0.6%.