IWF, XLPX: Big ETF Outflows

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 Russell 1000 Growth ETF, where 59,200,000 units were destroyed, or a 5.4% decrease week over week. Among the largest underlying components of IWF, in morning trading today Nvidia is up about 0.7%, and Apple is higher by about 0.8%.

And on a percentage change basis, the ETF with the biggest outflow was the XLPX ETF, which lost 10,000 of its units, representing a 40.0% decline in outstanding units compared to the week prior.

VIDEO: IWF, XLPX: Big ETF Outflows

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