SPLV, EFO: Big ETF Outflows
May 16, 2013 at 14:30 PM EDT
Turning today to week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, the largest outflow was seen in the S&P 500 Low Volatility Portfolio (SPLV), which shed 12.5 million shares, or a 7.3% decrease week over week. Among the largest underlying components of SPLV, in morning trading today NextEra Energy (NEE) is down about 0.3%, and Consolidated Edison (ED) is lower by about 0.4%.