SPY, RISE: Big ETF Outflows
October 02, 2020 at 10:51 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 26,100,000 units were destroyed, or a 2.9% decrease week over week. Among the largest underlying components of SPY, in morning trading today Apple is down about 1.4%, and Microsoft is lower by about 0.9%.
