ETF Channel Staff - Thursday, September 17, 10:50 AM
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 Energy Select Sector SPDR Fund, where 15,100,000 units were destroyed, or a 5.4% decrease week over week. Among the largest underlying components of XLE, in morning trading today Chevron is off about 0.6%, and Exxon Mobil is relatively unchanged.
And on a percentage change basis, the ETF with the biggest outflow was the ASET ETF, which lost 100,000 of its units, representing a 36.4% decline in outstanding units compared to the week prior.
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