IVV, DBV: Big ETF Outflows
June 09, 2015 at 11:25 AM EDT
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 (IVV), where 3,650,000 units were destroyed, or a 1.1% decrease week over week. Among the largest underlying components of IVV, in morning trading today Apple (AAPL) is down about 1.6%, and Microsoft Corporation (MSFT) is lower by about 0.4%.