SPY, FDTS: Big ETF Outflows
April 24, 2017 at 10:48 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 (SPY), where 7,850,000 units were destroyed, or a 0.8% decrease week over week. Among the largest underlying components of SPY, in morning trading today Apple (AAPL) is up about 1.1%, and Microsoft (MSFT) is higher by about 1.5%.