PEY, DXJR: Big ETF Outflows
December 27, 2016 at 10:56 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 High Yield Equity Dividend Achievers Portfolio (PEY), where 4,950,000 units were destroyed, or a 7.3% decrease week over week. Among the largest underlying components of PEY, in morning trading today Southern Company (SO) is down about 0.1%, and Duke Energy Corporation (DUK) is lower by about 0.3%.