XLE, FJP: 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 Energy Select Sector SPDR Fund, where 10,250,000 units were destroyed, or a 4.2% decrease week over week. Among the largest underlying components of XLE, in morning trading today Exxon Mobil is down about 0.4%, and Chevron is lower by about 0.2%.
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