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XHB, CHII: Big ETF Outflows

This article is more than 9 years old.

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the SPDR S&P Homebuilders ETF (XHB), where 4,450,000 units were destroyed, or a 7.6% decrease week over week.  Among the largest underlying components of XHB, in morning trading today Standard Pacific (SPF) is up about 1.6%, and Ryland Group (RYL) is higher by about 1.5%.

And on a percentage change basis, the ETF with the biggest outflow was the China Industrials ETF (CHII), which lost 100,000 of its units, representing a 22.2% decline in outstanding units compared to the week prior. Among the largest underlying components of CHII, in morning trading today Hollysys Automation (HOLI) is off about 0.5%.