News Column

IVV, XPP: Big ETF Outflows

July 3, 2014

MarketNewsVideo.com



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 (IVV), where 7,250,000 units were destroyed, or a 2.5% decrease week over week. Among the largest underlying components of IVV, in morning trading today Apple (AAPL) is off about 0.1%, and Microsoft (MSFT) is lower by about 0.5%.

And on a percentage change basis, the ETF with the biggest outflow was the Proshares Ultra FTSE China 25 (XPP), which lost 250,000 of its units, representing a 27.8% decline in outstanding units compared to the week prior.

The preceding is a transcript of the MarketNewsVideo.com video published at: http://www.marketnewsvideo.com/?id=201407Outflows070314&mv=1.


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Source: MarketNewsVideo.com


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