XLI, BZQ: Big ETF Outflows
August 22, 2014 at 14:07 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 Industrial Select Sector SPDR Fund (XLI), where 26.1 million units were destroyed, or a 13.5% decrease week over week. Among the largest underlying components of XLI, in morning trading today General Electric (GE) is down about 0.6%, and Union Pacific (UNP) is up by about 0.3%.