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 (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 (GE) is down about 0.4%, and United Technologies Corporation (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 (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 (WYNN) is up about 2.2%, and Harman International Industries Incorpor (HAR) is lower by about 0.9%.
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