December 15th, 2015

SPY, SAGG: 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 SPDR S&P 500 ETF (SPY), where 54.5 million units were destroyed, or a 5.9% decrease week over week. Among the largest underlying components of SPY, in morning trading today Apple (AAPL) is down about 1.1%, and Exxon Mobil (XOM) is lower by about 0.4%.
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