ESGU, SPVM: Big ETF Outflows
January 22, 2021 at 10:46 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 ESG Aware MSCI USA ETF, where 7,650,000 units were destroyed, or a 4.8% decrease week over week. Among the largest underlying components of ESGU, in morning trading today Apple is down about 0.2%, and Microsoft is up by about 1.8%.