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 (NYSE:SPY), where 7,200,000 units were destroyed, or a 0.8% decrease week over week. Among the largest underlying components of SPY, in morning trading today Microsoft Corporation (NASDAQ:MSFT) is off about 0.1%, and Apple (NASDAQ:AAPL) is higher by about 0.8%.
And on a percentage change basis, the ETF with the biggest outflow was the Invesco Growth Multi-Asset Allocation ETF (PSMG), which lost 100,000 of its units, representing a 25.0% decline in outstanding units compared to the week prior. Among the largest underlying components of PSMG, in morning trading today Invesco FTSE Rafi US 1000 ETF (NYSE:PRF) is off about 0.1%, and Invesco Russell Top 200 Pure Growth ETF (PXLG) is relatively unchanged.
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