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 SPDR S&P Oil & Gas Exploration & Production ETF (NYSE:XOP), which shed 1,500,000 shares, or a 8.2% decrease week over week. Among the largest underlying components of XOP, in morning trading today Cobalt International Energy Incorporated (CIE) is off about 5.1%, and Hollyfrontier Corporation (NYSE:HFC) is lower by about 1.6%.
And on a percentage change basis, the ETF with the largest outflow was the KBW Capital Markets Portfolio (KBWC), which lost 50,000 of its shares, for a whopping 50.0% decline in outstanding shares. Among the largest underlying components of KBWC, in morning trading today Goldman Sachs Group Incorporated (NYSE:GS) is up about 1.3%, and State Street Corporation (NYSE:STT) is lower by about 0.8%.
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