XLF, CHIM: Big ETF Outflows
December 20, 2019 at 10:57 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 The Financial Select Sector SPDR— Fund, where 20,150,000 units were destroyed, or a 2.3% decrease week over week. Among the largest underlying components of XLF, in morning trading today JP Morgan Chase is up about 0.8%, and Berkshire Hathaway is higher by about 0.8%.