• BRF, GOL, GFA: ETF Outflow Alert

    Source: Forbes - Markets / 09 Sep 2014 11:23:53   America/New_York

    Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Brazil Small-Cap ETF (AMEX: BRF) where we have detected an approximate $26.5 million dollar outflow -- that's a 14.8% decrease week over week (from 5,750,000 to 4,900,000). Among the largest underlying components of BRF, in trading today Gol Linhas Aereas Inteligentes SA (NYSE: GOL) is down about 1.5%, and Gafisa S.A. (NYSE: GFA) is lower by about 1.4%. For a complete list of holdings, visit the BRF Holdings page » http://www.forbes.com/sites/etfchannel/2014/09/09/brf-gol-gfa-etf-outflow-alert/
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