PFF, KOLD: Big ETF Outflows
February 07, 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 iShares US Preferred Stock ETF (PFF), where 6,800,000 units were destroyed, or a 1.5% decrease week over week. Among the largest underlying components of PFF, in morning trading today Allergan (AGN) is up about 0.6%, and HSBC Holdings (HSBC) is lower by about 0.7%.