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 36,450,000 units were destroyed, or a 3.4% decrease week over week. Among the largest underlying components of SPY, in morning trading today Apple is off about 1.4%, and Nvidia is lower by about 1.2%.
And on a percentage change basis, the ETF with the biggest outflow was the JUNP ETF, which lost 160,000 of its units, representing a 40.0% decline in outstanding units compared to the week prior.
VIDEO: SPY, JUNP: Big ETF Outflows
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