SPY, ALD: Big ETF Outflows
March 12, 2018 at 10:49 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 SPDR S&P 500 ETF (SPY), where 35,750,000 units were destroyed, or a 3.5% decrease week over week. Among the largest underlying components of SPY, in morning trading today Apple (AAPL) is up about 1%, and Microsoft Corporation (MSFT) is relatively unchanged.