Financial News

IVW, BUL: 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 iShares S&P 500 Growth ETF, where 57,450,000 units were destroyed, or a 10.2% decrease week over week. Among the largest underlying components of IVW, in morning trading today Apple is down about 0.6%, and Microsoft is lower by about 0.6%.
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