IVV, SPQQ: Big ETF Outflows
January 05, 2021 at 10:52 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 5,500,000 units were destroyed, or a 0.9% decrease week over week. Among the largest underlying components of IVV, in morning trading today Apple is up about 1.4%, and Microsoft is lower by about 0.3%.
