COWZ, GSEP: 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 Pacer US Cash Cows 100 ETF, where 51,600,000 units were destroyed, or a 15.6% decrease week over week. Among the largest underlying components of COWZ, in morning trading today Qualcomm is up about 0.6%, and Valero Energy is higher by about 1.4%.

And on a percentage change basis, the ETF with the biggest outflow was the FT Vest U.S. Equity Moderate Buffer ETF – September, which lost 5,500,000 of its units, representing a 39.4% decline in outstanding units compared to the week prior.

VIDEO: COWZ, GSEP: Big ETF Outflows