SPY, SHV: Big ETF Outflows
January 13, 2015 at 12:50 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 SPDR S&P 500 ETF (SPY), where 48,700,000 units were destroyed, or a 4.7% decrease week over week. Among the largest underlying components of SPY, in morning trading today Apple (AAPL) is up about 2.7%, and Exxon Mobil (XOM) is lower by about 0.2%.