IVV, USMF: Big ETF Outflows

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 Core S&P 500 ETF (IVV), where 5,150,000 units were destroyed, or a 1.0% decrease week over week. Among the largest underlying components of IVV, in morning trading today Apple (AAPL) is off about 0.4%, and Microsoft Corporation (MSFT) is lower by about 0.8%.