SPY, SAVN: Big ETF Outflows
November 11, 2022 at 10:53 AM EST
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 14,750,000 units were destroyed, or a 1.6% decrease week over week. Among the largest underlying components of SPY, in morning trading today Apple is up about 0.5%, and Microsoft is higher by about 1.2%.
