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Investors Flee Largest Financials ETF as Bank Earnings Kick In: (XLF)

TedTed
in The Bullpen
FYI: Investors yanked more than $1 billion from the $29 billion Financial Select Sector SPDR Fund, ticker XLF, on Friday, the largest outflow in more than a decade. In addition, trading in the fund hit $3.6 billion, more than double its average daily volume for the past year, after reaching $4.8 billion on Thursday.
Regards,
Ted
https://www.bloomberg.com/news/articles/2018-10-15/investors-flee-largest-financials-etf-as-bank-earnings-kick-in?srnd=etfs

M* Snapshot XLF:
https://www.morningstar.com/etfs/arcx/xlf/quote.html
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