SPY, IST: Big ETF Outflows
August 10, 2017 at 10:56 AM EDT
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the SPDR S&P 500 ETF (SPY), where 14,100,000 units were destroyed, or a 1.4% decrease week over week. Among the largest underlying components of SPY, in morning trading today Apple (AAPL) is off about 0.8%, and Microsoft Corporation (MSFT) is lower by about 0.8%.