SPY, BYLD: Big ETF Outflows
January 08, 2016 at 10:50 AM EST
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 24,850,000 units were destroyed, or a 2.8% decrease week over week. Among the largest underlying components of SPY, in morning trading today Apple (AAPL) is up about 1.6%, and Microsoft (MSFT) is up by about 1.5%.