Financial News

SPLV, RWED: 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 Invesco S&P 500 Low Volatility ETF, where 8,700,000 units were destroyed, or a 4.9% decrease week over week. Among the largest underlying components of SPLV, in morning trading today Verizon Communications is up about 1.2%, and Costco Wholesale is higher by about 0.4%.
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