SPY, DXJF: Big ETF Outflows
December 18, 2014 at 12:49 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 SPDR S&P 500 ETF (SPY), where 33,500,000 units were destroyed, or a 3.5% decrease week over week. Among the largest underlying components of SPY, in morning trading today Apple (AAPL) is up about 1.8%, and Microsoft (MSFT) is higher by about 2.5%.