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RSP, CID: Big ETF Outflows
Monday, November 23, 10:49 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 Invesco S&P 500 Equal Weight ETF, where 3,700,000 units were destroyed, or a 2.8% decrease week over week. Among the largest underlying components of RSP, in morning trading today Tapestry is up about 0.2%, and General Electric is up by about 4%.

And on a percentage change basis, the ETF with the biggest outflow was the CID ETF, which lost 700,000 of its units, representing a 30.4% decline in outstanding units compared to the week prior.

For MarketNewsVideo.com, I'm Sayoko Murase

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