FXR, FGM: Big ETF Outflows
July 30, 2014 at 12:09 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 First Trust Industrials/Producer Durables AlphaDEX Fund (FXR), where 7,950,000 units were destroyed, or a 20.6% decrease week over week. Among the largest underlying components of FXR, in morning trading today URS Corporation (URS) is trading flat, and AECOM Technology (ACM) is lower by about 0.1%.