XLP, SNLN: Big ETF Outflows
August 21, 2019 at 11:13 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 6,750,000 units were destroyed, or a 3.0% decrease week over week. Among the largest underlying components of XLP, in morning trading today Procter & Gamble Company (PG) is trading flat, and Coca-Cola Company (KO) is up by about 0.4%.