ETF of The Day: The Net Inflows Of PowerShares Exchange-Traded Fund Trust II Point to $-216.09M Redemptions Following -3.16% AUM Decrease

ETF of The Day: The Net Inflows Of PowerShares Exchange Traded Fund Trust II Point to $ 216.09M Redemptions Following  3.16% AUM Decrease

Today were released PowerShares Exchange-Traded Fund Trust II (NYSEARCA:SPLV)‘s weekly net flows. The ETF registered $-216.09M weekly asset outflows for -3.16% decrease, reaching $6624.89M last week. The chart of PowerShares Exchange-Traded Fund Trust II shows negative weekly setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net outflows leads to less cash for managers to invest, which theoretically decreases demand for the etf’s holdings. The stock decreased 0.21% or $0.08 on October 14, hitting $40.49. PowerShares Exchange-Traded Fund Trust II (NYSEARCA:SPLV) has risen 2.84% since March 14, 2016 and is uptrending. It has underperformed by 2.77% the S&P500.

The ETF’s YTD performance is 9.29%, the 1 year is 17.86% and the 3 year is 12.57%.

The ETF’s average P/E ratio is 20.8, the price to book is 3.04, the price to sales is 1.8 and the price to cashflow is 10.88. PowerShares Exchange-Traded Fund Trust II is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001. The fund’s top holdings are: Pepsico Inc. Common Stock for 1.26% of assets, AT&T Inc. for 1.24%, Procter & Gamble Company (The) for 1.24%, Waste Management Inc. Common S for 1.24%, Coca-Cola Company (The) Common for 1.20%, Republic Services Inc. Common for 1.17%, United Parcel Service Inc. Com for 1.17%, Johnson & Johnson Common Stock for 1.16%, Southern Company (The) Common S for 1.16%, Dominion Resources Inc. Common for 1.14%. The ETF sector weights are: Basic Materials 0.97%, Consumer Cyclical 4.68%, Financial Services 12.01%, Realestate 4.76%, Consumer Defensive 19.26%, Healthcare 10.52%, Utilities 23.43%, Communication Services 5.22%, Industrials 19.16%. The ETF currently as 0% yield.

More notable recent PowerShares Exchange-Traded Fund Trust II (NYSEARCA:SPLV) news were published by: which released: “These Five ETFs Provide Solid Monthly Dividends” on October 11, 2016, also with their article: “Are Floating-Rate Bond Funds A Buy? [PowerShares Exchange-Traded Fund Trust II]” published on May 15, 2015, published: “PowerShares Exchange-Traded Fund Trust II PowerShares S&P Smal (PSCH) Ex …” on September 19, 2013. More interesting news about PowerShares Exchange-Traded Fund Trust II (NYSEARCA:SPLV) were released by: and their article: “Finding Dividend ETFs With Healthy REIT Allocations” published on October 12, 2016 as well as‘s news article titled: “Small-Cap Tech Names To Outperform, Says Turning Point Analytics” with publication date: August 30, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: ,

Related posts

Leave a Comment