SPY, EVX: Big ETF Outflows
June 09, 2016 at 10:48 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 8,400,000 units were destroyed, or a 1.0% decrease week over week. Among the largest underlying components of SPY, in morning trading today Apple (AAPL) is up about 0.4%, and Microsoft (MSFT) is lower by about 0.4%.