FTCS, PAPI: Big ETF Outflows
May 01, 2024 at 11:59 AM EDT
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 Capital Strength ETF, where 15,050,000 units were destroyed, or a 12.6% decrease week over week. Among the largest underlying components of FTCS, in morning trading today Kimberly-clark is down about 0.2%, and Mondelez International is lower by about 2%.