USMV, IFSM: Big ETF Outflows
February 21, 2014 at 14:46 PM 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 MSCI USA Minimum Volatility ETF (USMV), where 1.8 million units were destroyed, or a 2.6% decrease week over week. Among the largest underlying components of USMV, in morning trading today Merck (MRK) is up about 0.7%, and Lockheed Martin (LMT) is lower by about 0.3%.