ETF Chart of the Day: Materials Sector
July 05, 2012 at 16:18 PM EDT
In recent sessions into the surge in equities around the 4th of July market holiday, we have seen sizable outflows in generally lightly traded First Trust Materials AlphaDEX (NYSEArca: FXZ). More than $125 million has vacated the fund, which is equivalent to about 28% of the assets outstanding in...