SPY, STNC: Big ETF Outflows
January 16, 2024 at 10:50 AM EST
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 21,900,000 units were destroyed, or a 2.1% decrease week over week. Among the largest underlying components of SPY, in morning trading today Microsoft is up about 0.9%, and Apple is lower by about 1.9%.