XLU, PSCD: Big ETF Outflows

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 11,900,000 units were destroyed, or a 5.9% decrease week over week. Among the largest underlying components of XLU, in morning trading today Nextera Energy is off about 0.9%, and Dominion Energy is lower by about 0.5%.
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