PDP, DGL: Big ETF Outflows
April 09, 2019 at 11:06 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 Invesco DWA Momentum ETF, where 3,650,000 units were destroyed, or a 12.2% decrease week over week. Among the largest underlying components of PDP, in morning trading today Mastercard is trading flat, and Paycom Software is higher by about 0.5%.