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XLI, UKK: Big ETF Outflows Friday, August 17, 2:07 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 Industrial Select Sector SPDR Fund (XLI), which shed 8,500,000 shares, or a 8.0% decrease week over week. Among the largest underlying components of XLI, in morning trading today General Electric Company (GE) is off about 0.1%, and United Parcel Service Class B (UPS) is relatively unchanged.
And on a percentage change basis, the ETF with the largest outflow was the Proshares Ultra Russell2000 Growth (UKK), which lost 75,000 of its shares, for a whopping 25.0% decline in outstanding shares. Among the largest underlying components of UKK, in morning trading today 1 800 FLOWERS.COM Incorporated Class A (FLWS) is up about 0.8%, and 3D Systems Corporation (DDD) is up by about 0.4%.
For MarketNewsVideo.com, I'm Sayoko Murase | |
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