Looking at units outstanding against a week ago within the universe of ETFs covered on ETF Channel, the largest outflow was seen in the iShares MSCI USA Quality Factor ETF, where 20,200,000 units were destroyed, or a 7.5% decrease week over week. Among QUAL’s biggest underlying components, in morning trading today Visa is up about 0.4%, and Apple is down about 1.8%.
And in terms of percentage change, the ETF with the largest outflow was the GPIX ETF, which lost 100,000 of its units, representing a 33.3% decrease in outstanding units compared to the previous week.
VIDEO: QUAL, GPIX: Big ETF Outflows
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