IWB, KO, PM, GEV: Large Outflows Detected at ETF

IWB (iShares Russell 1000 ETF) registered an estimated $278.0M outflow, a 0.6% decline in shares outstanding week-over-week. This was the standout change among ETFs covered by ETF Channel and represents a modest investor repositioning unlikely to move broad market prices.

Analysis

IWB (iShares Russell 1000 ETF) registered an estimated $278.0M outflow, a 0.6% decline in shares outstanding week-over-week. This was the standout change among ETFs covered by ETF Channel and represents a modest investor repositioning unlikely to move broad market prices.