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 Industrial Select Sector SPDR Fund (AMEX:XLI), which shed 11,400,000 shares, or a 11.8% decrease week over week. Among the largest underlying components of XLI, in morning trading today General Electric Company (NYSE:GE) is off about 0.9%, and United Technologies Corporation (NYSE:UTX) is lower by about 1.1%.
And on a percentage change basis, the ETF with the largest outflow was the Daily Gold Miners Bear 3x Shares (AMEX:DUST), which lost 100,000 of its shares, for a whopping 25.0% decline in outstanding shares.
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