IWR, LVHB: Big ETF Outflows
July 07, 2020 at 10:47 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 iShares Russell Mid-Cap ETF, where 29,000,000 units were destroyed, or a 7.4% decrease week over week. Among the largest underlying components of IWR, in morning trading today Lululemon Athletica is down about 1%, and Spotify Technology is up by about 1.1%.
