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 (NYSE:IWM), which shed 10,200,000 shares, or a 4.7% decrease week over week.
And on a percentage change basis, the ETF with the largest outflow was the Proshares UltraPro MidCap400 (NYSE:UMDD), which lost 200,000 of its shares, for a whopping 33.3% decline in outstanding shares. Among the largest underlying components of UMDD, in morning trading today Aarons Incorporated (NYSE:AAN) is trading flat, and Aci Worldwide (NASDAQ:ACIW) is lower by about 1.8%.
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