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 ESG Aware MSCI USA ETF, where 7,650,000 units were destroyed, or a 4.8% decrease week over week. Among the largest underlying components of ESGU, in morning trading today Apple is down about 0.2%, and Microsoft is up by about 1.8%.
And on a percentage change basis, the ETF with the biggest outflow was the Invesco S&P 500 Value with Momentum ETF, which lost 340,000 of its units, representing a 37.8% decline in outstanding units compared to the week prior. Among the largest underlying components of SPVM, in morning trading today Metlife is down about 1.4%, and CVS Health is lower by about 1.1%.
For MarketNewsVideo.com, I'm Sayoko Murase