DBO, SPUU: Big ETF Outflows
November 07, 2017 at 10:47 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 PowerShares DB Oil Fund, where 4,400,000 units were destroyed, or a 10.1% decrease week over week. Among the largest underlying components of DBO, in morning trading today Powershares Exchange Traded Fund is trading flat.