SPY, LLSC: Big ETF Outflows
October 06, 2017 at 11:02 AM EDT
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, where 7,550,000 units were destroyed, or a 0.8% decrease week over week. Among the largest underlying components of SPY, in morning trading today Apple is down about 0.2%, and Microsoft is lower by about 0.1%.