XLY, UBR: Big ETF Outflows
August 23, 2017 at 10:49 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 Discretionary Select Sector SPDR Fund (XLY), where 9,750,000 units were destroyed, or a 6.9% decrease week over week. Among the largest underlying components of XLY, in morning trading today Amazon.