XME, JPXN: 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 Metals and Mining ETF (XME), where 4,250,000 units were destroyed, or a 13.6% decrease week over week. Among the largest underlying components of XME, in morning trading today Coeur Mining (CDE) is up about 3.3%, and Hecla Mining (HL) is higher by about 1.7%.