Investor Alert

Jan. 2, 2020, 10:57 a.m. EST

SPYV, RPG: Big ETF Outflows

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Jan 02, 2020 (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— Portfolio S&P 500— Value ETF, where 33,100,000 units were destroyed, or a 18.8% decrease week over week. Among the largest underlying components of SPYV, in morning trading today Berkshire Hathaway is up about 0.1%, and Exxon Mobil is up by about 1.1%.

And on a percentage change basis, the ETF with the biggest outflow was the Invesco S&P 500— Pure Growth ETF, which lost 13,200,000 of its units, representing a 38.2% decline in outstanding units compared to the week prior. Among the largest underlying components of RPG, in morning trading today Servicenow is up about 1.9%, and Lam Research is higher by about 1.2%.

The preceding is a transcript of the MarketNewsVideo.com video published at: http://www.marketnewsvideo.com/?id=20200120200102etfflowsSPYV&mv=1 .


Copyright 2020 MarketNewsVideo.com

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