IWD, ALTS: Big ETF Outflows
June 14, 2017 at 10:50 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 iShares Russell 1000 Value ETF, where 3,950,000 units were destroyed, or a 1.2% decrease week over week. Among the largest underlying components of IWD, in morning trading today Exxon Mobil is down about 0.8%, and JP Morgan Chase is lower by about 1%.