SPLV, WEBL: Big ETF Outflows
November 03, 2020 at 11:32 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 Invesco S&P 500 Low Volatility ETF, where 7,500,000 units were destroyed, or a 4.6% decrease week over week. Among the largest underlying components of SPLV, in morning trading today Verizon Communications is up about 0.7%, and Costco Wholesale is up by about 2%.