SPYV, RPG: Big ETF Outflows

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— Portfolio S&P 500— Value ETF, where 33,100,000 units were destroyed, or a 18.8% decrease week over week. Among the largest underlying components of SPYV, in morning trading today Berkshire Hathaway is up about 0.1%, and Exxon Mobil is up by about 1.1%.

And on a percentage change basis, the ETF with the biggest outflow was the Invesco S&P 500— Pure Growth ETF, which lost 13,200,000 of its units, representing a 38.2% decline in outstanding units compared to the week prior. Among the largest underlying components of RPG, in morning trading today Servicenow is up about 1.9%, and Lam Research is higher by about 1.2%.

VIDEO: SPYV, RPG: 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.

More Related Articles

Info icon

This data feed is not available at this time.

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.