XOP, HEWI: Big ETF Outflows
January 04, 2017 at 11:18 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 S&P Oil & Gas Exploration & Production ETF, where 4,400,000 units were destroyed, or a 7.2% decrease week over week. Among the largest underlying components of XOP, in morning trading today Clayton Williams Energy is off about 1.9%, and RSP Permian is lower by about 1.5%.
