CVY, CHIE: Big ETF Outflows
April 08, 2014 at 12:35 PM 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 Guggenheim Multi-Asset Income ETF (CVY), where 14,450,200 units were destroyed, or a 22.8% decrease week over week. Among the largest underlying components of CVY, in morning trading today CEMIG (CIG) is up about 1.2%, and Nustar Energy (NS) is higher by about 0.3%.