PXJ, OBOR: Big ETF Outflows

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 Dynamic Oil & Gas Services ETF, where 4,910,000 units were destroyed, or a 28.6% decrease week over week. Among the largest underlying components of PXJ, in morning trading today Championx is down about 2.4%, and Transocean is lower by about 1.9%.
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