MOO, DXPS: Big ETF Outflows
March 21, 2014 at 12:16 PM 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 Agribusiness ETF (MOO), where 4,000,000 units were destroyed, or a 5.7% decrease week over week. Among the largest underlying components of MOO, in morning trading today Monsanto Company (MON) is up about 0.2%, and Syngenta (SYT) is up by about 0.4%.