XHB, RTH: Big ETF Outflows
July 10, 2014 at 12:13 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 Homebuilders ETF (XHB), where 4,050,000 units were destroyed, or a 7.0% decrease week over week. Among the largest underlying components of XHB, in morning trading today iRobot (IRBT) is up about 0.8%, and Restoration Hardware Holdings (RH) is lower by about 1.6%.