FTSM, FUTS: Big ETF Outflows
December 09, 2014 at 13:02 PM EST
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the First Trust Enhanced Short Maturity ETF (FTSM), where 5,450,000 units were destroyed, or a 20.5% decrease week over week. Among the largest underlying components of FTSM, in morning trading today First Trust Senior Loan Fund ETF (FTSL) is down about 0.2%.