ITOT, KSCD: Big ETF Outflows
August 16, 2022 at 10:51 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 Core S&P Total US Stock Market ETF, where 9,900,000 units were destroyed, or a 2.1% decrease week over week. Among the largest underlying components of ITOT, in morning trading today Apple is off about 0.5%, and Microsoft is lower by about 0.7%.