XLB, MYY: Big ETF Outflows Thursday, December 20, 12:30 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 Materials Select Sector SPDR Fund (AMEX:XLB), which shed 3,950,000 shares, or a 6.5% decrease week over week.
And on a percentage change basis, the ETF with the largest outflow was the Proshares Short MidCap400 (AMEX:MYY), which lost 300,000 of its shares, for a whopping 28.6% decline in outstanding shares.
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