Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, the largest inflow was seen in the iShares MSCI Emerging Markets Index Fund (AMEX:EEM), which added 9 million shares, or a 1.1% increase week over week. Among the largest underlying components of EEM, in morning trading today Vale (NYSE:VALE) is trading lower by 0.5%, and Itau Unibanco (NYSE:ITUB) is lower by about 0.5%.
And on a percentage change basis, the ETF with the largest increase in inflows was the First Trust Mid Cap Value AlphaDEX Fund (NASDAQ:FNK), which added 250,000 shares, for a whopping 167% increase in outstanding shares. Among the largest underlying components of FNK, in morning trading today AmeriGroup Corporation (AGP) is up about 0.1%, and Fairchild Semiconductor International (NASDAQ:FCS) is lower by about 0.5%.
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