Jul 21, 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 iShares Edge MSCI Min Vol USA ETF, where 3,600,000 units were destroyed, or a 0.6% decrease week over week. Among the largest underlying components of USMV, in morning trading today Nextera Energy is up about 1%, and Microsoft is relatively unchanged.
And on a percentage change basis, the ETF with the biggest outflow was the LVHB ETF, which lost 200,000 of its units, representing a 36.4% decline in outstanding units compared to the week prior.
The preceding is a transcript of the MarketNewsVideo.com video published at: http://www.marketnewsvideo.com/?id=20200720200721etfflowsUSMV&mv=1 .
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