XLU, GNRX: Big ETF Outflows
September 19, 2017 at 11:04 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 Utilities Select Sector SPDR Fund, where 7,500,000 units were destroyed, or a 5.1% decrease week over week. Among the largest underlying components of XLU, in morning trading today Nextera Energy is off about 0.1%, and Duke Energy is relatively unchanged.