The iShares U.S. Utilities ETF (IDU) saw an approximate $106.5 million outflow week over week, a 6.2% decline in shares outstanding. The piece is a flow-based update rather than a fundamental catalyst, but it points to weakening investor demand for the utilities sector.
The iShares U.S. Utilities ETF (IDU) saw an approximate $106.5 million outflow week over week, a 6.2% decline in shares outstanding. The piece is a flow-based update rather than a fundamental catalyst, but it points to weakening investor demand for the utilities sector.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.12