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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 Retail ETF (XRT), where 2,800,000 units were destroyed, or a 19.8% decrease week over week. Among the largest underlying components of XRT, in morning trading today TripAdvisor (TRIP) is up by about 1.1%.
And on a percentage change basis, the ETF with the biggest outflow was the iShares Baa - Ba Rated Corporate Bond ETF (QLTB), which lost 1,000,000 of its units, representing a 37.7% decline in outstanding units compared to the week prior.
