XLI, EWAS: Big ETF Outflows

Turning today to week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, the largest outflow was seen in the Industrial Select Sector SPDR Fund (XLI), which shed 5,400,000 shares, or a 6.1% decrease week over week. Among the largest underlying components of XLI, in morning trading today General Electric Company (GE) is up about 1.7%, and United Parcel Service (UPS) is higher by about 1.1%.