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September 01, 2020 10:18am
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SPHQ, FTXG: Big ETF Outflows

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Invesco S&P 500— Quality ETF (SPHQ), where 8,800,000 units were destroyed, or a 14.9% decrease week over week. Among the largest underlying components of SPHQ, in morning trading today Apple (AAPL) is off about 0.3%, and Visa (V) is lower by about 0.6%.
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