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 iShares Russell 2000 Index Fund (IWM), which shed 12,300,000 shares, or a 6.1% decrease week over week. Among the largest underlying components of IWM, in morning trading today Riverbed Tech Incorporated (RVBD) is off about 0.6%, and Tibco Software Incorporated (TIBX) is up by about 0.2%.
And on a percentage change basis, the ETF with the largest outflow was the Proshares UltraShort DJ-UBS Crude Oil (SCO), which lost 1,450,000 of its shares, for a whopping 37.5% decline in outstanding shares.
This Article's Word Cloud:AmongChannelCrudeETFsFundIncorporatedIndexProsharesRVBDRiverbedRussellSoftwareTIBXTechTibcoTurningUltraShortaboutamongbasischangechangescomponentscovereddeclinedecreaseiShareslargestlostmorningoutflowoutstandingoverpercentageseensharesshedtodaytradingunderlyinguniverseweekwhichwhoppingwith
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.