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Investors In This Homebuilder ETF Are Heading For The Exits

TedTed
in The Bullpen
FYI: Speculators in the SPDR S&P Homebuilders exchange-traded fund have pulled a record amount of cash in April, abandoning the ETF known by its ticker XHB after it reached an eight-year high in February. The fund has retreated 4.8 percent since then.
Regards,
Ted
http://www.bloomberg.com/news/articles/2015-05-04/homebuilders-rally-loses-ground-amid-record-outflows-from-etf

M* Snapshot XHB: http://www.morningstar.com/etfs/ARCX/XHB/quote.html
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