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Market Impact: 0.18

FDN, BKNG, CRM, DASH: Large Outflows Detected at ETF

Source: Nasdaq

Market Technicals & FlowsInvestor Sentiment & Positioning

ETF Channel data shows First Trust Dow Jones Internet Index Fund (FDN) saw an approximate $229.2M outflow, down about 4.1% week-over-week in shares outstanding changes versus the ETF universe. The flow trend suggests mild investor risk reduction toward internet exposure.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25

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