PHO, EZJ: Big ETF Outflows
November 29, 2017 at 11:13 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 Water Resources Portfolio (PHO), where 2,100,000 units were destroyed, or a 7.1% decrease week over week. Among the largest underlying components of PHO, in morning trading today Roper Tech (ROP) is off about 0.3%, and HD Supply Holdings (HDS) is up by about 0.6%.