XLY, MATS: 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 Consumer Discretionary Select Sector SPDR Fund (XLY), which shed 4,200,000 shares, or a 5.4% decrease week over week. Among the largest underlying components of XLY, in morning trading today Mcdonalds Corporation (MCD) is off about 0.6%, and The Walt Disney Company (DIS) is lower by about 0.4%.