IVV, HUSE: Big ETF Outflows
ETF Channel Staff - Tuesday, March 31, 10:51 AM
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares Core S&P 500 ETF, where 25,250,000 units were destroyed, or a 3.9% decrease week over week. Among the largest underlying components of IVV, in morning trading today Microsoft is up about 1.6%, and Apple is higher by about 2.3%.
And on a percentage change basis, the ETF with the biggest outflow was the HUSE ETF, which lost 75,000 of its units, representing a 37.5% decline in outstanding units compared to the week prior.