SPHQ, QDIV: Big ETF Outflows
June 30, 2021 at 13:15 PM EDT
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 Quality ETF, where 18,090,000 units were destroyed, or a 23.0% decrease week over week. Among the largest underlying components of SPHQ, in morning trading today Apple is up about 0.3%, and Microsoft is lower by about 0.3%.