ITB, JDST: Big ETF Outflows
November 17, 2015 at 10:47 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 iShares US Home Construction ETF (ITB), where 4,750,000 units were destroyed, or a 6.3% decrease week over week. Among the largest underlying components of ITB, in morning trading today DR Horton (DHI) is up about 0.8%, and Lennar Corporation (LEN) is higher by about 0.8%.