SPY, PEZ: Big ETF Outflows
October 12, 2020 at 11:31 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 Trust, where 18,050,000 units were destroyed, or a 2.0% decrease week over week. Among the largest underlying components of SPY, in morning trading today Apple is up about 3.3%, and Microsoft is up by about 1.1%.