ESGU, PJUL: Big ETF Outflows
June 10, 2020 at 10:46 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 ESG MSCI USA ETF, where 8,550,000 units were destroyed, or a 8.1% decrease week over week. Among the largest underlying components of ESGU, in morning trading today Apple is up about 1.6%, and Microsoft is higher by about 1.6%.