XLF, BBRC: Big ETF Outflows
December 26, 2018 at 10:49 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 Financial Select Sector SPDR Fund, where 62,200,000 units were destroyed, or a 6.0% decrease week over week. Among the largest underlying components of XLF, in morning trading today Berkshire Hathaway is off about 0.2%, and JP Morgan Chase is up by about 0.1%.