SPLV, AXJV: Big ETF Outflows

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Invesco S&P 500 Low Volatility ETF (SPLV), where 12,550,000 units were destroyed, or a 6.3% decrease week over week. Among the largest underlying components of SPLV, in morning trading today Exelon Corporation (EXC) is up about 0.4%, and Nextera Energy (NEE) is up by about 0.1%.