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 S&P 500 Growth ETF, where 35,200,000 units were destroyed, or a 6.8% decrease week over week. Among the largest underlying components of IVW, in morning trading today Apple is down about 0.6%, and Microsoft is lower by about 0.2%.
And on a percentage change basis, the ETF with the biggest outflow was the PSMD ETF, which lost 200,000 of its units, representing a 40.0% decline in outstanding units compared to the week prior.
VIDEO: IVW, PSMD: Big ETF Outflows
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