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IVV, XRT: 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 Core S&P 500 ETF, where 22,150,000 units were destroyed, or a 3.6% decrease week over week. Among the largest underlying components of IVV, in morning trading today Microsoft is down about 0.5%, and Apple is relatively unchanged.
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