USMV, RETL: Big ETF Outflows
December 07, 2017 at 10:54 AM EST
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares Edge MSCI Min Vol USA ETF (USMV), where 14,400,000 units were destroyed, or a 4.8% decrease week over week. Among the largest underlying components of USMV, in morning trading today McDonald's Corporation (MCD) is off about 0.2%, and Johnson & Johnson (JNJ) is lower by about 1%.