XLP, KBWI: Big ETF Outflows
Posted on June 22, 2012 at 12:48 PM EDT
Turning today to week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, the largest outflow was seen in the Consumer Staples Select Sector SPDR Fund (XLP), which shed 6 million shares, or a 3.5% decrease week over week. Among the largest underlying components of XLP, in morning trading today the Coca Cola Company (KO) is up about 0.4%, and Procter & Gamble (PG) is up by about 0.6%.