SPY, SMN: Big ETF Outflows
December 07, 2022 at 10:53 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 SPDR S&P 500 ETF Trust, where 18,600,000 units were destroyed, or a 2.0% decrease week over week. Among the largest underlying components of SPY, in morning trading today Apple is down about 0.9%, and Microsoft is lower by about 0.4%.