XRT, LTL: Big ETF Outflows
February 04, 2015 at 10:54 AM EST
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the SPDR S&P Retail ETF (XRT), where 3,250,000 units were destroyed, or a 20.1% decrease week over week. Among the largest underlying components of XRT, in morning trading today Netflix (NFLX) is down about 1.3%, and Rite Aid (RAD) is higher by about 0.3%.