OEF, RUSS: Big ETF Outflows
January 28, 2014 at 12:14 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 S&P 100 ETF (OEF), where 4.9 million units were destroyed, or a 9.5% decrease week over week. Among the largest underlying components of OEF, in morning trading today Apple (AAPL) is off about 6.9%, and Exxon Mobil (XOM) is higher by about 0.1%.
