SPHD, DMDV: 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 Invesco S&P 500 High Dividend Low Volatility ETF (SPHD), where 11,400,000 units were destroyed, or a 14.3% decrease week over week. Among the largest underlying components of SPHD, in morning trading today Kimco Realty Corporation (KIM) is up about 0.2%, and Iron Mountain (IRM) is up by about 0.5%.