SDY, PSCI: Big ETF Outflows

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 Dividend ETF (SDY), where 12,350,000 units were destroyed, or a 6.3% decrease week over week. Among the largest underlying components of SDY, in morning trading today AT&T (T) is up about 0.9%, and International Business Machines (IBM) is up by about 0.9%.
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