FTCS, FINZ: Big ETF Outflows
April 29, 2019 at 10:58 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 (FTCS), where 10,550,000 units were destroyed, or a 21.1% decrease week over week. Among the largest underlying components of FTCS, in morning trading today Intelsat (I) is up about 1.8%, and Honeywell International (HON) is up by about 0.2%.