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 iShares Russell 2000 Index Fund (AMEX:IWM), which shed 8,100,000 shares, or a 4.2% decrease week over week.
And on a percentage change basis, the ETF with the largest outflow was the First Trust Industrials/Producer Durables AlphaDEX Fund (AMEX:FXR), which lost 4,300,000 of its shares, for a whopping 62.8% decline in outstanding shares. Among the largest underlying components of FXR, in morning trading today Exelis Incorporated (NYSE:XLS) is off about 2.1%, and Thomas & Betts Corporation (TNB) is lower by about 0.1%.
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