VOO, PY: 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 Vanguard S&P 500 ETF (VOO), where 11,751,869 units were destroyed, or a 2.6% decrease week over week. Among the largest underlying components of VOO, in morning trading today Microsoft Corporation (MSFT) is up about 0.3%, and Apple (AAPL) is lower by about 0.1%.

And on a percentage change basis, the ETF with the biggest outflow was the PY ETF (PY), which lost 100,000 of its units, representing a 25.0% decline in outstanding units compared to the week prior.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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