XLE, MBG: Big ETF Outflows
April 23, 2013 at 11:55 AM 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 Energy Select Sector SPDR Fund (XLE), which shed 4.5 million shares, or a 4.5% decrease week over week. Among the largest underlying components of XLE, in morning trading today Exxon Mobil (XOM) is up about 1%, and Chevron (CVX) is up by about 1.2%.