SPY, BCIL: Big ETF Outflows
September 17, 2024 at 11:17 AM EDT
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 13,350,000 units were destroyed, or a 1.3% decrease week over week. Among the largest underlying components of SPY, in morning trading today Apple is trading flat, and Microsoft is up by about 1.7%.