Sep 30, 2019 (MarketNewsVideo.com via COMTEX) -- Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Financial Select Sector SPDR Fund (XLF), where 12,100,000 units were destroyed, or a 1.5% decrease week over week. Among the largest underlying components of XLF, in morning trading today Berkshire Hathaway (BRK.B) is up about 0.1%, and JP Morgan Chase (JPM) is lower by about 0.2%.
And on a percentage change basis, the ETF with the biggest outflow was the QGTA ETF (QGTA), which lost 600,000 of its units, representing a 33.3% decline in outstanding units compared to the week prior.
The preceding is a transcript of the MarketNewsVideo.com video published at: http://www.marketnewsvideo.com/?id=20190920190930etfflowsXLFQ&mv=1 .
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