SPY, IAUF: Big ETF Outflows

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 23,750,000 units were destroyed, or a 2.5% decrease week over week. Among the largest underlying components of SPY, in morning trading today Microsoft is up about 0.3%, and Apple is up by about 0.8%.