Flows To Observe: PowerShares Exchange-Traded Fund Trust II Registered $-64.53M Redemptions Amid -0.99% AUM Decrease

Flows To Observe: PowerShares Exchange Traded Fund Trust II Registered $ 64.53M Redemptions Amid  0.99% AUM Decrease

Today were reported PowerShares Exchange-Traded Fund Trust II (NYSEARCA:SPLV)‘s daily net flows. The ETF registered $-64.53M asset outflows for -0.99% decrease, reaching $6466.76M after yestarday’s trading session. The chart of PowerShares Exchange-Traded Fund Trust II shows negative short-term 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 increased 0.40% or $0.16 on October 28, hitting $40.22. PowerShares Exchange-Traded Fund Trust II (NYSEARCA:SPLV) has declined 0.20% since March 29, 2016 and is downtrending. It has underperformed by 3.67% 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 recent PowerShares Exchange-Traded Fund Trust II (NYSEARCA:SPLV) news were published by: Nasdaq.com which released: “PowerShares Exchange-Traded Fund Trust II PowerShares S&P Smal (PSCH) Ex …” on September 19, 2013. Also Etfdailynews.com published the news titled: “Are Floating-Rate Bond Funds A Buy? [PowerShares Exchange-Traded Fund Trust II]” on May 15, 2015. Etfdailynews.com‘s news article titled: “These Five ETFs Provide Solid Monthly Dividends” with publication date: October 11, 2016 was also an interesting one.

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