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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 (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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