MDY, XTL: Big ETF Outflows
August 13, 2014 at 12:01 PM EDT
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the SPDR S&P MIDCAP 400 ETF (MDY), where 5,049,622 units were destroyed, or a 7.8% decrease week over week. Among the largest underlying components of MDY, in morning trading today Equinix (EQIX) is up about 0.6%, and United Rentals (URI) is higher by about 1.1%.