XRT, RTH: Big ETF Outflows

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 Retail ETF (XRT), where 2.3 million units were destroyed, or a 17.2% decrease week over week. Among the largest underlying components of XRT, in morning trading today Expedia (EXPE) is up about 1.8%, and O'Reilly Automotive (ORLY) is relatively unchanged.