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 Dividend Achievers Portfolio (NASDAQ:PFM), which shed 950,000 shares, or a 4.8% decrease week over week. Among the largest underlying components of PFM, in morning trading today McDonald's (NYSE:MCD) is up about 0.6%, and Nike (NYSE:NKE) is relatively unchanged.
And on a percentage change basis, the ETF with the largest outflow was the Proshares Ultra 20+ Year Treasury (AMEX:UBT), which lost 100,000 of its shares, for a 50.0% decline in outstanding shares.
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