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 Materials Select Sector SPDR Fund (AMEX:XLB), which shed 7,500,000 shares, or a 12.7% decrease week over week. Among the largest underlying components of XLB, in morning trading today DU Pont E I DE Nemours & Company (NYSE:DD) is trading flat, and Monsanto Company (NYSE:MON) is lower by about 1%.
And on a percentage change basis, the ETF with the largest outflow was the Daily Natural Gas Related Bear 2x Shares (AMEX:GASX), which lost 50,000 of its shares, for a whopping 25.0% decline in outstanding shares.
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