IWR, OBOR: Big ETF Outflows

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 Russell Mid-Cap ETF, where 10,450,000 units were destroyed, or a 2.6% decrease week over week. Among the largest underlying components of IWR, in morning trading today Synopsys is down about 0.8%, and Phillips 66 is lower by about 4%.