SPY, PSMG: Big ETF Outflows
April 02, 2019 at 10:48 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 7,200,000 units were destroyed, or a 0.8% decrease week over week. Among the largest underlying components of SPY, in morning trading today Microsoft Corporation (MSFT) is off about 0.1%, and Apple (AAPL) is higher by about 0.8%.
