SPYV, PJAN: major ETF exits

Comparing units in circulation to the previous week in the ETF universe covered by ETF Channel, the largest outflow was seen in the SPDR Portfolio S&P 500 Value ETF, where 105,250,000 units were destroyed, a decrease 21.4% week over week. Among SPYV’s largest underlying constituents, in morning trading today, Microsoft is down around 0.3% and Berkshire Hathaway is up around 0.5%.

And on a percentage change basis, the ETF with the largest outflow was the PJAN ETF, which lost 6,450,000 of its units, representing a 34.4% drop in units outstanding from to the previous week.

VIDEO: SPYV, PJAN: big ETF exits

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