PBW, TFLO: Big ETF Outflows
June 06, 2017 at 10:49 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 PowerShares WilderHill Clean Energy Portfolio (PBW), where 900,000 units were destroyed, or a 3.7% decrease week over week. Among the largest underlying components of PBW, in morning trading today First Solar (FSLR) is up about 0.2%, and Sunpower Corporation (SPWR) is up by about 0.8%.