USMV, HEWU: Big ETF Outflows
September 01, 2020 at 10:56 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 MSCI USA Min Vol Factor ETF, where 3,900,000 units were destroyed, or a 0.7% decrease week over week. Among the largest underlying components of USMV, in morning trading today Nextera Energy is off about 0.9%, and Mcdonalds is relatively unchanged.