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 2,750,000 shares, or a 3.0% decrease week over week. Among the largest underlying components of XLI, in morning trading today General Electric Company (NYSE:GE) is down about 0.4%, and United Technologies Corporation (NYSE:UTX) is lower by about 1.1%.
And on a percentage change basis, the ETF with the largest outflow was the S&P 500 High Beta Portfolio (AMEX:SPHB), which lost 300,000 of its shares, for a whopping 50.0% decline in outstanding shares. Among the largest underlying components of SPHB, in morning trading today Wynn Resorts Ltd (NASDAQ:WYNN) is up about 2.2%, and Harman International Industries Incorpor (NYSE:HAR) is lower by about 0.9%.
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