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 Dividend ETF (SDY), where 13,200,000 units were destroyed, or a 6.7% decrease week over week. Among the largest underlying components of SDY, in morning trading today AT&T (T) is off about 0.1%, and Abbvie (ABBV) is lower by about 0.8%.
And on a percentage change basis, the ETF with the biggest outflow was the iShares Russell 1000 Pure U.S. Revenue ETF (AMCA), which lost 150,000 of its units, representing a 37.5% decline in outstanding units compared to the week prior. Among the largest underlying components of AMCA, in morning trading today AT&T (T) is down about 0.1%, and UnitedHealth Group (UNH) is lower by about 0.6%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
