SPY, BKSE: 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 Trust, where 13,900,000 units were destroyed, or a 1.5% decrease week over week. Among the largest underlying components of SPY, in morning trading today Apple is up about 1.1%, and Microsoft is higher by about 3.8%.