IWF, UGE: Big ETF Outflows
February 05, 2014 at 12:55 PM 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 iShares Russell 1000 Growth ETF (IWF), where 2.7 million units were destroyed, or a 1.0% decrease week over week. Among the largest underlying components of IWF, in morning trading today Apple (AAPL) is up about 0.1%, and Microsoft (MSFT) is lower by about 0.8%.