XLP, EZJ: Big ETF Outflows
August 11, 2017 at 10:47 AM 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 Consumer Staples Select Sector SPDR Fund (XLP), where 13,700,000 units were destroyed, or a 8.1% decrease week over week. Among the largest underlying components of XLP, in morning trading today Procter & Gamble Company (PG) is off about 0.2%, and Philip Morris International (PM) is higher by about 0.7%.