SPY, UTSL: Big ETF Outflows
April 05, 2018 at 10:50 AM EDT
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, where 17,700,000 units were destroyed, or a 1.8% decrease week over week. Among the largest underlying components of SPY, in morning trading today Apple is up about 0.7%, and Microsoft is lower by about 0.1%.