FV, XRT: Big ETF Outflows
February 04, 2021 at 11:03 AM 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 Dorsey Wright Focus 5 ETF, where 11,900,000 units were destroyed, or a 17.1% decrease week over week. Among the largest underlying components of FV, in morning trading today First Trust Nasdaq-100-Technology Index is up about 0.5%, and First Trust CONS.