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 Russell 1000Dynamic Multifactor ETF, where 37,610,000 units were destroyed, or a 24.9% decrease week over week. Among the largest underlying components of OMFL, in morning trading today AMAZON.COM is down about 0.6%, and Microsoft is lower by about 0.7%.
And on a percentage change basis, the ETF with the biggest outflow was the SARK ETF, which lost 1,525,000 of its units, representing a 34.9% decline in outstanding units compared to the week prior.
VIDEO: OMFL, SARK: Big ETF Outflows
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