IVV, FUSI: Big ETF Outflows
ETF Channel Staff - Wednesday, December 10, 10:55 AMLooking 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 15,850,000 units were destroyed, or a 1.5% decrease week over week. Among the largest underlying components of IVV, in morning trading today Nvidia is down about 0.6%, and Apple is higher by about 0.1%.
And on a percentage change basis, the ETF with the biggest outflow was the American Century Multisector Floating Income ETF, which lost 250,000 of its units, representing a 35.7% decline in outstanding units compared to the week prior.
For MarketNewsVideo.com, I'm Sayoko Murase
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