News Column

XLY, RTH: Big ETF Outflows

June 25, 2014

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Consumer Discretionary Select Sector SPDR Fund (XLY), where 2,000,000 units were destroyed, or a 2.6% decrease week over week. Among the largest underlying components of XLY, in morning trading today Comcast (CMCSA) is up about 1%, and The Walt Disney Company (DIS) is up by about 1.2%.

And on a percentage change basis, the ETF with the biggest outflow was the Retail ETF (RTH), which lost 100,000 of its units, representing a 16.1% decline in outstanding units compared to the week prior. Among the largest underlying components of RTH, in morning trading today Wal-Mart Stores (WMT) is off about 0.5%, and (AMZN) is relatively unchanged.

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