DIA, SCO: Big ETF Outflows
August 03, 2016 at 10:51 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 Dow Jones Industrial Average ETF (DIA), where 30,384,133 units were destroyed, or a 31.2% decrease week over week. Among the largest underlying components of DIA, in morning trading today 3M Company (MMM) is up about 0.2%, and International Business Machines (IBM) is lower by about 0.1%.