updated Thursday, August 26, 10:47 AM
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the The Energy Select Sector SPDR Fund, where 8,700,000 units were destroyed, or a 1.9% decrease week over week. Among the largest underlying components of XLE, in morning trading today Exxon Mobil is off about 0.1%, and Chevron is higher by about 0.1%.
And on a percentage change basis, the ETF with the biggest outflow was the First Trust Chindia ETF, which lost 1,150,000 of its units, representing a 31.1% decline in outstanding units compared to the week prior. Among the largest underlying components of FNI, in morning trading today Infosys is off about 1.1%, and Icici Bank is higher by about 0.2%.
For MarketNewsVideo.com, I'm Sayoko Murase
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