IVW, SPVM: Big ETF Outflows

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 500 Growth ETF (IVW), where 16,200,000 units were destroyed, or a 10.9% decrease week over week. Among the largest underlying components of IVW, in morning trading today Microsoft (MSFT) is off about 1.3%, and Amazon.