XLF, UXJ: Big ETF Outflows

Turning today to week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, the largest outflow was seen in the Financial Select Sector SPDR Fund (XLF), which shed 40,950,000 shares, or a 9.5% decrease week over week. Among the largest underlying components of XLF, in morning trading today Wells Fargo & Company New (WFC) is up about 2.3%, and Berkshire Hathaway Class B (BRK.