XLP, IBCE: Big ETF Outflows
March 23, 2015 at 13:25 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 Consumer Staples Select Sector SPDR Fund (XLP), where 14,800,000 units were destroyed, or a 7.4% decrease week over week. Among the largest underlying components of XLP, in morning trading today Procter & Gamble Company (PG) is up about 0.2%, and Coca-Cola Company (KO) is up by about 0.1%.