XLF, PIQ: Big ETF Outflows
March 07, 2013 at 12:46 PM EST
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 Financial Select Sector SPDR Fund (XLF), which shed 14,900,000 shares, or a 2.4% decrease week over week. Among the largest underlying components of XLF, in morning trading today JP Morgan Chase & Company (JPM) is up about 0.9%, and Berkshire Hathaway Class B (BRK.