XLU, LLSC: Big ETF Outflows
March 05, 2015 at 11:08 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 Utilities Select Sector SPDR Fund (XLU), where 14,350,000 units were destroyed, or a 8.5% decrease week over week. Among the largest underlying components of XLU, in morning trading today Duke Energy (DUK) is up about 0.9%, and Nextera Energy (NEE) is up by about 1.5%.