XLRE, SCTO: Big ETF Outflows
March 09, 2018 at 10:49 AM EST
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Real Estate Select Sector SPDR Fund, where 9,700,000 units were destroyed, or a 11.7% decrease week over week. Among the largest underlying components of XLRE, in morning trading today American Tower is up about 0.4%, and Simon Property Group is lower by about 0.4%.