SPLV, RWED: Big ETF Outflows
September 02, 2020 at 10:51 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 Invesco S&P 500 Low Volatility ETF, where 8,700,000 units were destroyed, or a 4.9% decrease week over week. Among the largest underlying components of SPLV, in morning trading today Verizon Communications is up about 1.2%, and Costco Wholesale is higher by about 0.4%.