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 Energy Select Sector SPDR Fund (XLE), which shed 11 million shares, or a 9.6% decrease week over week. Among the largest underlying components of XLE, in morning trading today Exxon Mobil (XOM) is trading flat, and Chevron (CVX) is up by about 0.9%.
And on a percentage change basis, the ETF with the largest outflow was the Retail ETF (RTH), which lost 100,000 of its shares, for a 17.9% decline in outstanding shares. Among the largest underlying components of RTH, in morning trading today Wal-Mart Stores (WMT) is up about 0.2%, and Amazon.com (AMZN) is lower by about 1.2%.
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