VOO, EMFQ: Big ETF Outflows Tuesday, May 17, 10:54 AM ET
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Vanguard S&P 500 ETF, where 25,730,045 units were destroyed, or a 3.7% decrease week over week. Among the largest underlying components of VOO, in morning trading today Apple is up about 1.5%, and Microsoft is up by about 1.3%.
And on a percentage change basis, the ETF with the biggest outflow was the EMFQ ETF, which lost 75,000 of its units, representing a 37.5% decline in outstanding units compared to the week prior.
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