SPYV, KMED: Big ETF Outflows
January 04, 2019 at 10:47 AM EST
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 (SPYV), where 15,450,000 units were destroyed, or a 15.9% decrease week over week. Among the largest underlying components of SPYV, in morning trading today Apple (AAPL) is up about 3.3%, and JP Morgan Chase (JPM) is up by about 2.5%.