XHB, EIS: Big ETF Outflows
March 11, 2014 at 13:42 PM EDT
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 2,700,000 units were destroyed, or a 4.0% decrease week over week. Among the largest underlying components of XHB, in morning trading today USG Corporation (USG) is up about 0.8%, and DR Horton (DHI) is up by about 0.9%.