Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares Core S&P 500 ETF, where 40,500,000 units were destroyed, or a 7.1% decrease week over week. Among the largest underlying components of IVV, in morning trading today Apple is up about 0.6%, and Microsoft is higher by about 0.4%.
And on a percentage change basis, the ETF with the biggest outflow was the PowerShares S&P International Developed Momentum Portfolio, which lost 50,000 of its units, representing a 33.3% decline in outstanding units compared to the week prior. Among the largest underlying components of IDMO, in morning trading today Autoliv is up about 0.2%, and Royal Bank of Canada is lower by about 0.7%.
For MarketNewsVideo.com, I'm Sayoko Murase