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IWM, XPP: Big ETF Outflows

By Market News Video Staff, Friday, May 6, 10:48 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 17,350,000 shares, or a 8.2% decrease week over week. Among the largest underlying components of IWM, in morning trading today Tibco Software Incorporated (TIBX) is up about 2.4%, and Riverbed Tech Incorporated (RVBD) is higher by about 0.3%.

And on a percentage change basis, the ETF with the largest outflow was the Proshares Ultra FTSE China 25 (AMEX:XPP), which lost 150,000 of its shares, for a 20.0% decline in outstanding shares.

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