UUP, SAA: Big ETF OutflowsFriday, March 30, 1:42 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 DB US Dollar Bullish Fund (AMEX:UUP ), which shed 4,800,000 shares, or a 7.7% decrease week over week.
And on a percentage change basis, the ETF with the largest outflow was the Proshares Ultra SmallCap600 (AMEX:SAA ), which lost 150,000 of its shares, for a whopping 22.2% decline in outstanding shares. Among the largest underlying components of SAA, in morning trading today Aaon Incorporated (NASDAQ:AAON ) is down about 0.6%, and AAR Corporation (NYSE:AIR ) is lower by about 0.9%.
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