IVV, PJAN: Big ETF Outflows
December 28, 2020 at 10:49 AM EST
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 Core S&P 500 ETF, where 20,200,000 units were destroyed, or a 3.1% decrease week over week. Among the largest underlying components of IVV, in morning trading today Apple is up about 2.1%, and Microsoft is higher by about 0.5%.