FDN, RUSS: Big ETF Outflows
April 16, 2014 at 12:08 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 Dow Jones Internet Index Fund (FDN), where 3,200,000 units were destroyed, or a 8.9% decrease week over week. Among the largest underlying components of FDN, in morning trading today Amazon.