DBO, DDG: Big ETF Outflows
April 18, 2018 at 10:51 AM 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 PowerShares DB Oil Fund (DBO), where 11,800,000 units were destroyed, or a 27.7% decrease week over week. Among the largest underlying components of DBO, in morning trading today Powershares Treasury Collateral Portfolio (CLTL) is trading flat, and Meta Financial Group (CASH) is higher by about 0.1%.