DXJ, XSHQ: Big ETF Outflows

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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 Japan Hedged Equity Fund ( DXJ ), where 5,550,000 units were destroyed, or a 4.3% decrease week over week.

And on a percentage change basis, the ETF with the biggest outflow was the PowerShares S&P SmallCap Quality Portfolio ( XSHQ ), which lost 50,000 of its units, representing a 33.3% decline in outstanding units compared to the week prior. Among the largest underlying components of XSHQ, in morning trading today Trex Company ( TREX ) is up about 1.2%, and Applied Industrial Technologies ( AIT ) is up by about 0.5%.

DXJ, XSHQ: Big ETF OutflowsVIDEO: DXJ, XSHQ: Big ETF Outflows

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