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IVW, SPVM: Big ETF Outflows


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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.com ( AMZN ) is up by about 0.2%.

And on a percentage change basis, the ETF with the biggest outflow was the Invesco S&P 500 Value With Momentum ETF ( SPVM ), which lost 50,000 of its units, representing a 33.3% decline in outstanding units compared to the week prior. Among the largest underlying components of SPVM, in morning trading today Allstate Corporation ( ALL ) is down about 1.2%, and Aflac (AFL) is lower by about 1.4%.

IVW, SPVM: Big ETF Outflows VIDEO: IVW, SPVM: Big ETF Outflows

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.





This article appears in: Investing , Investing Ideas
Referenced Symbols: IVW , MSFT , AMZN , ALL




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