IVV, RETL: Big ETF Outflows
January 30, 2014 at 14:16 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 Core S&P 500 ETF (IVV), where 4.65 million units were destroyed, or a 1.6% decrease week over week. Among the largest underlying components of IVV, in morning trading today Apple (AAPL) is down about 0.4%, and Exxon Mobil (XOM) is lower by about 1.3%.