XLU, BOIL: Big ETF Outflows
February 25, 2021 at 10:49 AM EST
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 Utilities Select Sector SPDR Fund, where 13,700,000 units were destroyed, or a 6.9% decrease week over week. Among the largest underlying components of XLU, in morning trading today Nextera Energy Inc (NEE) is up about 0.4%, and Duke Energy is higher by about 1%.