SPLV, KCNY: 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 Invesco S&P 500 Low Volatility ETF, where 13,050,000 units were destroyed, or a 8.7% decrease week over week. Among the largest underlying components of SPLV, in morning trading today Verizon Communications is down about 0.2%, and Bristol-Myers Squibb is lower by about 1.8%.
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