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OIH, FXE: Big ETF Outflows
Monday, March 26, 3:03 PM ET

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 Oil Services ETF (AMEX:OIH), which shed 3.2 million shares, or a 12.9% decrease week over week. Among the largest underlying components of OIH, in morning trading today Schlumberger (NYSE:SLB) is down about 0.7%, and National Oilwell Varco (NYSE:NOV) is higher by about 0.4%.

And on a percentage change basis, the ETF with the largest outflow was the Euro Trust (AMEX:FXE), which lost 1.4 million of its shares, for a whopping 45.8% decline in outstanding shares.

For MarketNewsVideo.com, I'm Kristin Bianco.

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