DBB, SPXT: Big ETF Outflows
August 31, 2016 at 10:53 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 PowerShares DB Base Metals Fund, where 2,200,000 units were destroyed, or a 13.3% decrease week over week. Among the largest underlying components of DBB, in morning trading today Meta Financial Group is off about 0.1%.