SPLV, UBT: Big ETF Outflows
October 11, 2017 at 11:20 AM EDT
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the PowerShares S&P 500 Low Volatility Portfolio (SPLV), where 2,850,000 units were destroyed, or a 1.8% decrease week over week. Among the largest underlying components of SPLV, in morning trading today Marsh & Mclennan Companies (MMC) is down about 0.1%, and Allstate Corporation (ALL) is lower by about 0.5%.
