Markets
XLF

XLF, SDEI: Big ETF Outflows

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 19,500,000 units were destroyed, or a 2.0% decrease week over week. Among the largest underlying components of XLF, in morning trading today Berkshire Hathaway is up about 0.4%, and JP Morgan Chase is up by about 1.5%.

And on a percentage change basis, the ETF with the biggest outflow was the SDEI ETF, which lost 25,000 of its units, representing a 33.3% decline in outstanding units compared to the week prior.

VIDEO: XLF, SDEI: Big ETF Outflows

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

In This Story

XLF SDEI BRK.B JPM

Other Topics

Stocks ETFs

Latest Markets Videos

    BNK Invest

    BNK Invest Inc. provides investment services and information. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. BNK Invest caters to investing firms and individual investors internationally.

    Learn More