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IWM, SCO: Big ETF Outflows

By Market News Video Staff, Friday, May 20, 10:46 AM ET
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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 (AMEX: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 (AMEX:SCO), which lost 1,450,000 of its shares, for a whopping 37.5% decline in outstanding shares.

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This Article's Word Cloud:   AMEX   Among   Channel   Crude   ETFs   Fund   Incorporated   Index   Proshares   RVBD   Riverbed   Russell   Software   TIBX   Tech   Tibco   Turning   UltraShort   about   among   basis   change   changes   components   covered   decline   decrease   iShares   largest   lost   morning   outflow   outstanding   over   percentage   seen   shares   shed   today   trading   underlying   universe   week   which   whopping   with
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