ETF Channel Staff - Wednesday, December 21, 10:52 AM
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 Optimum Yield Diversified Commodity Strategy No K-1 ETF, where 15,900,000 units were destroyed, or a 3.8% decrease week over week.
And on a percentage change basis, the ETF with the biggest outflow was the iShares U.S. Telecommunications ETF, which lost 5,750,000 of its units, representing a 35.7% decline in outstanding units compared to the week prior. Among the largest underlying components of IYZ, in morning trading today Cisco Systems is up about 0.9%, and Comcast is up by about 2.3%.
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