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 6,400,000 units were destroyed, or a 0.6% decrease week over week. Among the largest underlying components of SPY, in morning trading today Microsoft is up about 0.3%, and Apple is up by about 0.4%.
And on a percentage change basis, the ETF with the biggest outflow was the DYLG ETF, which lost 30,000 of its units, representing a 30.0% decline in outstanding units compared to the week prior.
VIDEO: SPY, DYLG: Big ETF Outflows
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