XLB, WBIN: Big ETF Outflows
July 20, 2020 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 The Materials Select Sector SPDR Fund, where 19,050,000 units were destroyed, or a 26.6% decrease week over week. Among the largest underlying components of XLB, in morning trading today Linde is trading flat, and Air Products and Chemicals is up by about 0.2%.