SPY, SDP: 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 SPDR S&P 500 ETF (SPY), which shed 7.8 million shares, or a 0.9% decrease week over week. Among the largest underlying components of SPY, in morning trading today Exxon Mobil (XOM) is down about 0.6%, and Apple (AAPL) is relatively unchanged.