Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Wells Fargo Preferred Stock ETF (PSK) where we have detected an approximate $23.8 million dollar outflow -- that's a 6.7% decrease week over week (from 8,250,000 to 7,700,000). Among the largest underlying components of PSK, in trading today Wells Fargo & Company Depositary Shares (WFC.PRJ) is down about 0.3%, The Pnc Financial Services Group (PNC.PRP) is off about 0.7%, and Metlife 6.50 Non Cuml Preferred Stock S (MET.PRB) is lower by about 0.1%. For a complete list of holdings, visit the PSK Holdings page »
Notable ETF Outflow Detected - PSK, WFC.PRJ, PNC.PRP, MET.PRB
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