XLRE, OVF: Big ETF Outflows
July 23, 2020 at 11:27 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 Real Estate Select Sector SPDR Fund (XLRE), where 11,700,000 units were destroyed, or a 10.9% decrease week over week. Among the largest underlying components of XLRE, in morning trading today American Tower Corporation REIT (AMT) is down about 0.1%, and Prologis (PLD) is higher by about 0.6%.