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September 01, 2020 1:37pm
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SDY, AMCA: 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 SPDR S&P Dividend ETF (SDY), where 13,200,000 units were destroyed, or a 6.7% decrease week over week. Among the largest underlying components of SDY, in morning trading today AT&T (T) is off about 0.1%, and Abbvie (ABBV) is lower by about 0.8%.
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