FXG, UST: Big ETF Outflows

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 Consumer Staples AlphaDEX Fund (FXG), where 7,650,000 units were destroyed, or a 12.8% decrease week over week. Among the largest underlying components of FXG, in morning trading today Monster Beverage Corporation (MNST) is up about 0.1%, and Kroger Company (KR) is up by about 0.5%.