USMV, CXA: Big ETF Outflows
August 19, 2016 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 iShares Edge MSCI Min Vol USA ETF (USMV), where 4,900,000 units were destroyed, or a 1.5% decrease week over week. Among the largest underlying components of USMV, in morning trading today General Mills (GIS) is off about 0.1%, and AT&T (T) is lower by about 1.4%.