Investor Alert

July 29, 2019, 10:54 a.m. EDT

SPY, AGT: Big ETF Outflows

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Jul 29, 2019 (MarketNewsVideo.com via COMTEX) --

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 18,250,000 units were destroyed, or a 1.9% decrease week over week. Among the largest underlying components of SPY, in morning trading today Microsoft is down about 0.9%, and Apple is higher by about 0.8%.

And on a percentage change basis, the ETF with the biggest outflow was the iShares MSCI Argentina and Global Exposure ETF, which lost 300,000 of its units, representing a 31.6% decline in outstanding units compared to the week prior. Among the largest underlying components of AGT, in morning trading today Mercadolibre is down about 0.7%, and Globant is lower by about 0.9%.

The preceding is a transcript of the MarketNewsVideo.com video published at: http://www.marketnewsvideo.com/?id=20190720190729etfflowsSPYA&mv=1 .


Copyright 2019 MarketNewsVideo.com

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