XLK, UCC: Big ETF Outflows

By
A A A

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Technology Select Sector SPDR Fund ( XLK ), where 56.3 million units were destroyed, or a 14.4% decrease week over week. Among the largest underlying components of XLK, in morning trading today Apple ( AAPL ) is up about 0.6%, and Google ( GOOG ) is up by about 0.3%.

And on a percentage change basis, the ETF with the biggest outflow was the Proshares Ultra Consumer Services ETF ( UCC ), which lost 75,000 of its units, representing a 20.0% decline in outstanding units compared to the week prior. Among the largest underlying components of UCC, in morning trading today Aaron's ( AAN ) is off about 0.1%, and Abercrombie & Fitch (ANF) is up by about 1%.


XLK, UCC: Big ETF Outflows VIDEO: XLK, UCC: Big ETF Outflows



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas

Referenced Stocks: XLK , AAPL , GOOG , UCC , AAN

BNK Invest

BNK Invest

More from BNK Invest:

Related Videos

Stocks

Referenced

Most Active by Volume

33,110,376
  • $113.99 ▲ 1.77%
25,034,179
    $17.98 unch
24,486,872
  • $7.41 ▲ 2.07%
20,864,535
  • $7.39 ▼ 2.76%
18,600,501
  • $8.30 ▼ 0.36%
17,530,211
  • $8.14 ▲ 3.17%
17,299,208
  • $93.79 ▲ 2.74%
14,669,760
  • $25.78 ▼ 0.19%
As of 12/26/2014, 04:15 PM


Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com