XHB, TZY: Big ETF Outflows

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 SPDR S&P Homebuilders ETF (XHB), which shed 9,800,000 shares, or a 13.7% decrease week over week. Among the largest underlying components of XHB, in morning trading today Bed Bath & Beyond Incorporated (BBBY) is up about 0.6%, and Ryland Group Incorporated (RYL) is higher by about 1.4%.