XLC, HJUL: Big ETF Outflows
October 21, 2024 at 13:19 PM EDT
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in The Communication Services Select Sector SPDR Fund, where 7,400,000 units were destroyed, or a 3.5% decrease week over week. Among the largest underlying components of XLC, in morning trading today Meta Platforms is down about 0.7%, and Alphabet is higher by about 0.5%.