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XLB, FTXG: 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 Materials Select Sector SPDR Fund, where 6,200,000 units were destroyed, or a 6.9% decrease week over week. Among the largest underlying components of XLB, in morning trading today Linde is down about 0.3%, and Sherwin-williams is up by about 0.1%.
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