Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Technology Select Sector SPDR Fund, where 6,900,000 units were destroyed, or a 2.5% decrease week over week. Among the largest underlying components of XLK, in morning trading today Apple is down about 0.6%, and Microsoft is higher by about 1.2%.
And on a percentage change basis, the ETF with the biggest outflow was the ProShares Ultra Junior Miners, which lost 50,000 of its units, representing a 33.3% decline in outstanding units compared to the week prior. Among the largest underlying components of GDJJ, in morning trading today Vaneck Vectors Junior Gold Miner is down about 1.8%.
For MarketNewsVideo.com, I'm Sayoko Murase