MOAT, SPXV: Big ETF Outflows
June 30, 2020 at 11:16 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 Morningstar Wide Moat ETF (MOAT), where 9,300,000 units were destroyed, or a 12.9% decrease week over week. Among the largest underlying components of MOAT, in morning trading today Boeing Company (BA) is off about 6.6%, and Microchip Technology (MCHP) is up by about 1.7%.