FXO, FXR: 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 First Trust Financials AlphaDEX Fund (FXO), where 16,250,000 units were destroyed, or a 36.3% decrease week over week.  Among the largest underlying components of FXO, in morning trading today MFA Financial (MFA) is up about 0.3%, and Allied World Assurance Company (AWH) is lower by about 3.7%.