XLF, XSHQ: Big ETF Outflows
March 20, 2018 at 11:53 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 Financial Select Sector SPDR Fund (XLF), where 12,850,000 units were destroyed, or a 1.1% decrease week over week. Among the largest underlying components of XLF, in morning trading today JP Morgan Chase (JPM) is up about 0.5%, and Berkshire Hathaway (BRK.