XLY, SRTY: Big ETF Outflows
By: ETF Channel
Posted on June 08, 2012 at 16:33 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 5,700,000 shares, or a 7.4% decrease week over week. Among the largest underlying components of XLY, in morning trading today Mcdonalds Corporation (MCD) is down about 2%, and The Walt Disney Company (DIS) is higher by about 0.3%.
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