SPY, PGAL: Big ETF Outflows
February 09, 2024 at 11:27 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 SPDR S&P 500 ETF Trust, where 18,450,000 units were destroyed, or a 1.8% decrease week over week. Among the largest underlying components of SPY, in morning trading today Microsoft is up about 1%, and Apple is up by about 0.3%.