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 MSCI USA Min Vol Factor ETF, where 4,500,000 units were destroyed, or a 1.7% decrease week over week. Among the largest underlying components of USMV, in morning trading today T-mobile US is up about 0.6%, and Motorola Solutions is up by about 0.8%.
And on a percentage change basis, the ETF with the biggest outflow was the GCLN ETF, which lost 100,000 of its units, representing a 25.0% decline in outstanding units compared to the week prior.
VIDEO: USMV, GCLN: Big ETF Outflows
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