XRT, RUSS: Big ETF Outflows

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 Retail ETF (XRT), where 6,250,000 units were destroyed, or a 29.3% decrease week over week. Among the largest underlying components of XRT, in morning trading today Pep Boys (PBY) is up about 0.9%, and Abercrombie & Fitch (ANF) is lower by about 1.7%.