DGRW, QQQW: 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 WisdomTree U.S. Quality Dividend Growth Fund, where 38,050,000 units were destroyed, or a 17.4% decrease week over week. Among the largest underlying components of DGRW, in morning trading today Microsoft is off about 0.9%, and Apple is lower by about 0.3%.

And on a percentage change basis, the ETF with the biggest outflow was the Tradr 2X Long Triple Q Weekly ETF, which lost 65,000 of its units, representing a 39.4% decline in outstanding units compared to the week prior.

VIDEO: DGRW, QQQW: Big ETF Outflows

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