Oct 11, 2019 (MarketNewsVideo.com via COMTEX News Network) --
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, where 8,800,000 units were destroyed, or a 1.0% decrease week over week. Among the largest underlying components of SPY, in morning trading today Microsoft is up about 1.3%, and Apple is higher by about 1.8%.
And on a percentage change basis, the ETF with the biggest outflow was the ProShares ProShares UltraShort Australian Dollar, which lost 50,000 of its units, representing a 33.3% decline in outstanding units compared to the week prior.
The preceding is a transcript of the MarketNewsVideo.com video published at: http://www.marketnewsvideo.com/?id=20191020191011etfflowsSPYC&mv=1.
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