XLI, UKK: Big ETF OutflowsFriday, 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 (AMEX: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 (NYSE:GE ) is off about
0.1%, and United Parcel Service Class B (NYSE:UPS ) is relatively unchanged.
And on a percentage change basis, the ETF with the largest outflow was the
Proshares Ultra Russell2000 Growth (AMEX: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 (NASDAQ:FLWS ) is up about 0.8%, and 3D Systems Corporation
(NYSE:DDD ) is up by about 0.4%.
For MarketNewsVideo.com, I'm Sayoko Murase
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