Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Utilities Select Sector SPDR Fund (NYSE:XLU), where 4,900,000 units were destroyed, or a 3.5% decrease week over week. Among the largest underlying components of XLU, in morning trading today Duke Energy (NYSE:DUK) is off about 0.4%, and Nextera Energy (NYSE:NEE) is lower by about 0.1%.
And on a percentage change basis, the ETF with the biggest outflow was the iShares Russell Top 200 Value ETF (NYSE:IWX), which lost 1,800,000 of its units, representing a 27.7% decline in outstanding units compared to the week prior.
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