SPY, IDMO: Big ETF Outflows
January 13, 2017 at 10:47 AM 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 27,850,000 units were destroyed, or a 2.7% decrease week over week. Among the largest underlying components of SPY, in morning trading today Apple (AAPL) is off about 0.1%, and Microsoft Corporation (MSFT) is lower by about 0.2%.