XHB, SCO: Big ETF Outflows

Turning today to week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, the largest outflow was seen in the SPDR S&P Homebuilders ETF (XHB), which shed 6,950,000 shares, or a 9.7% decrease week over week. Among the largest underlying components of XHB, in morning trading today Ryland Group Incorporated (RYL) is off about 1%, and Nvr Incorporated (NVR) is higher by about 0.9%.