XLE, EMGD: Big ETF Outflows
November 29, 2022 at 11:46 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 Energy Select Sector SPDR Fund, where 9,100,000 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 up about 1.3%, and Chevron is higher by about 1.8%.