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XLF, UKK: Big ETF Outflows
Thursday, March 1, 12:28 PM ET

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 Financial Select Sector SPDR Fund (XLF), which shed 16,450,000 shares, or a 3.7% decrease week over week. Among the largest underlying components of XLF, in morning trading today Wells Fargo & Company (WFC) is up about 1.2%, and JP Morgan Chase & Company (JPM) is up by about 1.8%.

And on a percentage change basis, the ETF with the largest outflow was the Proshares Ultra Russell2000 Growth (UKK), which lost 150,000 of its shares, for a whopping 33.3% decline in outstanding shares. Among the largest underlying components of UKK, in morning trading today 1 800 FLOWERS.COM (FLWS) is up about 2.6%, and 3D Systems Corporation (DDD) is up by about 2%.

For MarketNewsVideo.com, I'm Sayoko Murase.

XLF, UKK: Big ETF Outflows
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