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 Russell 1000 Value ETF, where 9,000,000 units were destroyed, or a 2.6% decrease week over week. Among the largest underlying components of IWD, in morning trading today JP Morgan Chase is down about 0.4%, and Exxon Mobil is relatively unchanged.
And on a percentage change basis, the ETF with the biggest outflow was the DWAT ETF, which lost 100,000 of its units, representing a 33.3% decline in outstanding units compared to the week prior.
VIDEO: IWD, DWAT: Big ETF Outflows
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