XLV, MRK, UNH, TMO: Large Outflows Detected at ETF

Health Care Select Sector SPDR Fund (XLV) experienced approximately $434.0M of outflows week-over-week, a 1.1% decline in shares outstanding. The outflow marks XLV as the standout ETF in the covered universe, signaling net selling or reduced investor exposure to the healthcare sector over the week.

Analysis

Health Care Select Sector SPDR Fund (XLV) experienced approximately $434.0M of outflows week-over-week, a 1.1% decline in shares outstanding. The outflow marks XLV as the standout ETF in the covered universe, signaling net selling or reduced investor exposure to the healthcare sector over the week.