News Column

XHB, RTH: Big ETF Outflows

July 10, 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 SPDR S&P Homebuilders ETF (XHB), where 4,050,000 units were destroyed, or a 7.0% decrease week over week. Among the largest underlying components of XHB, in morning trading today iRobot (IRBT) is up about 0.8%, and Restoration Hardware Holdings (RH) is lower by about 1.6%.

And on a percentage change basis, the ETF with the biggest outflow was the Retail ETF (RTH), which lost 150,000 of its units, representing a 22.3% 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 up about 0.3%, and (AMZN) is lower by about 1.1%.

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