SPLV, IDU: Big ETF Outflows

Turning today to week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, the largest outflow was seen in the S&P 500 Low Volatility Portfolio (SPLV), which shed 7,500,000 shares, or a 5.9% decrease week over week. Among the largest underlying components of SPLV, in morning trading today Duke Energy Corporation (DUK) is off about 0.2%, and Southern Company (SO) is relatively unchanged.