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 Proshares Short QQQ (NYSE:PSQ), which shed nearly 2 million shares, or a 23.9% decrease week over week.
And on a percentage change basis, the ETF with the largest outflow was the Rydex S&P MidCap 400 Equal Weight ETF (EWMD), which lost 50,000 of its shares, for a 50.0% decline in outstanding shares. Among the largest underlying components of EWMD, in morning trading today Regeneron Pharmaceutical (NASDAQ:REGN) is down about 1.9%, and Terex (NYSE:TEX) is up by about 1.4%.
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