XLP, FAD: Big ETF Outflows
October 26, 2016 at 10:53 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 Staples Select Sector SPDR Fund (XLP), where 10,750,000 units were destroyed, or a 6.4% decrease week over week. Among the largest underlying components of XLP, in morning trading today Procter & Gamble Company (PG) is up about 0.2%, and Coca-Cola Company (KO) is up by about 0.4%.