IVE, JKG: 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 iShares S&P 500 Value ETF (IVE), where 13.2 million units were destroyed, or a 14.8% decrease week over week. Among the largest underlying components of IVE, in morning trading today Exxon Mobil (XOM) is down about 0.9%, and General Electric (GE) is higher by about 0.1%.