SPLV, SSG: Big ETF Outflows
January 23, 2014 at 12:06 PM EST
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the S&P 500 Low Volatility Portfolio (SPLV), where 1.5 million units were destroyed, or a 1.4% decrease week over week. Among the largest underlying components of SPLV, in morning trading today Southern Company (SO) is down about 0.7%, and NiSource (NI) is lower by about 0.6%.
