SPTM, XRT: Big ETF Outflows
February 26, 2020 at 10:47 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 SPDR Portfolio S&P 1500 Composite Stock Market ETF, where 13,900,000 units were destroyed, or a 12.8% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the SPDR S&P Retail ETF, which lost 1,700,000 of its units, representing a 31.2% decline in outstanding units compared to the week prior.