XLK, TNA: Big ETF Outflows
June 07, 2017 at 10:52 AM 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 Technology Select Sector SPDR Fund, where 11,050,000 units were destroyed, or a 3.5% decrease week over week. Among the largest underlying components of XLK, in morning trading today Apple is up about 0.7%, and Microsoft is lower by about 0.7%.