IWD, CROC: Big ETF Outflows
January 12, 2018 at 10:47 AM 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 Russell 1000 Value ETF (IWD), where 9,900,000 units were destroyed, or a 3.0% decrease week over week. Among the largest underlying components of IWD, in morning trading today JP Morgan Chase (JPM) is up about 1%, and Exxon Mobil Corporation (XOM) is higher by about 0.7%.