IYF, KOLD: Big ETF Outflows
February 13, 2015 at 13:48 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 iShares US Financials ETF (IYF), where 7,550,000 units were destroyed, or a 33.6% decrease week over week. Among the largest underlying components of IYF, in morning trading today Wells Fargo & Company (WFC) is up about 1.2%, and JP Morgan Chase & Company (JPM) is higher by about 0.8%.