OMFL, BSEP: Big ETF Outflows
September 18, 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 Invesco Russell 1000—Dynamic Multifactor ETF, where 15,900,000 units were destroyed, or a 31.1% decrease week over week. Among the largest underlying components of OMFL, in morning trading today Ally Financial is down about 0.4%, and Principal Financial Group is lower by about 0.3%.