IWX, DWUS: 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 iShares Russell Top 200 Value ETF, where 7,600,000 units were destroyed, or a 19.6% decrease week over week. Among the largest underlying components of IWX, in morning trading today JP Morgan Chase is up about 1.1%, and Exxon Mobil is higher by about 0.5%.