Noteworthy ETF Outflows: GRID, NVT, HUBB, APTV

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) saw an approximate $169.4M week-over-week outflow, standing out versus other covered ETFs. The reported flow suggests near-term investor caution toward clean grid infrastructure exposure, which is likely to be a modest headwind for the fund’s holdings.

Analysis

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) saw an approximate $169.4M week-over-week outflow, standing out versus other covered ETFs. The reported flow suggests near-term investor caution toward clean grid infrastructure exposure, which is likely to be a modest headwind for the fund’s holdings.