In the latest data on ETF outflows, the State Street Energy Select Sector SPDR ETF (XLE) experienced the most significant reduction, with 11.9 million units decreasing, marking a 1.7% decline week over week. Notably, major components Exxon Mobil (XOM) and Chevron (CVX) both saw declines of approximately 1.6% during morning trading.
In terms of percentage, the biggest outflow was recorded by the PLOO ETF (PLOO), which lost 20,000 units, representing a substantial 40% drop in outstanding units compared to the previous week.
