Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the State Street SPDR S&P 500 ETF Trust, where 12,750,000 units were destroyed, or a 1.2% decrease week over week. Among the largest underlying components of SPY, in morning trading today Nvidia is down about 0.2%, and Apple is up by about 0.3%.
And on a percentage change basis, the ETF with the biggest outflow was the Pacer WealthShield ETF, which lost 300,000 of its units, representing a 40.0% decline in outstanding units compared to the week prior. Among the largest underlying components of PWS, in morning trading today Nvidia is down about 0.2%, and Apple is higher by about 0.3%.