USMV, SDD: Big ETF Outflows
July 24, 2013 at 14:05 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 iShares MSCI USA Minimum Volatility ETF (USMV), which shed 18.8 million shares, or a 20.0% decrease week over week. Among the largest underlying components of USMV, in morning trading today General Mills (GIS) is off about 0.7%, and Paychex (PAYX) is up by about 0.3%.