IWB, DUST: Big ETF Outflows
October 17, 2016 at 10:52 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 iShares Russell 1000 ETF (IWB), where 5,050,000 units were destroyed, or a 3.7% decrease week over week. Among the largest underlying components of IWB, in morning trading today Apple (AAPL) is off about 0.2%, and Microsoft (MSFT) is lower by about 0.5%.