XME, QCON: Big ETF Outflows
September 08, 2021 at 11:15 AM EDT
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 Metals & Mining ETF, where 2,550,000 units were destroyed, or a 5.8% decrease week over week. Among the largest underlying components of XME, in morning trading today Alcoa is down about 0.8%, and Nucor is lower by about 1.6%.