XLY, PSCM: Big ETF Outflows
Posted on August 09, 2012 at 12:55 PM EDT
Turning today to week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, the largest outflow was seen in the Consumer Discretionary Select Sector SPDR Fund (XLY), which shed 4,100,000 shares, or a 5.3% decrease week over week. Among the largest underlying components of XLY, in morning trading today Comcast Corporation Class A (CMCSA) is up about 0.3%, and Mcdonalds Corporation (MCD) is up by about 0.1%.