SPYD, NIWM: Big ETF Outflows
August 10, 2022 at 10:59 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 SPDR Portfolio S&P 500 High Dividend ETF, where 36,000,000 units were destroyed, or a 15.7% decrease week over week. Among the largest underlying components of SPYD, in morning trading today Edison International is up about 0.2%, and Chevron is lower by about 1.2%.
