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XLF, KEJI: Big ETF Outflows
ETF Channel Staff - Friday, September 22, 10:57 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 Financial Select Sector SPDR Fund, where 31,350,000 units were destroyed, or a 3.3% 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 lower by about 0.1%.

And on a percentage change basis, the ETF with the biggest outflow was the KEJI ETF, which lost 70,000 of its units, representing a 38.9% decline in outstanding units compared to the week prior.

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