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 (NYSE:SPY), where 34,200,000 units were destroyed, or a 3.7% decrease week over week. Among the largest underlying components of SPY, in morning trading today Microsoft Corporation (NASDAQ:MSFT) is off about 1.6%, and Apple (NASDAQ:AAPL) is lower by about 1.6%.
And on a percentage change basis, the ETF with the biggest outflow was the SPDR S&P Kensho New Economies Composite ETF (NYSE:KOMP), which lost 660,000 of its units, representing a 35.9% decline in outstanding units compared to the week prior. Among the largest underlying components of KOMP, in morning trading today L3harris Technologies (NYSE:LHX) is off about 0.8%, and Raytheon Company (RTN) is lower by about 1.1%.
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