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 PowerShares QQQ (NASDAQ:QQQ), which shed 21,100,000 shares, or a 4.0% decrease week over week. Among the largest underlying components of QQQ, in morning trading today AMAZON.COM Incorporated (NASDAQ:AMZN) is up about 0.7%, and Comcast Corporation Class A (NASDAQ:CMCSA) is higher by about 0.4%.
And on a percentage change basis, the ETF with the largest outflow was the SPDR S&P Telecom ETF (AMEX:XTL), which lost 100,000 of its shares, for a whopping 50.0% decline in outstanding shares. Among the largest underlying components of XTL, in morning trading today Ciena Corporation (NASDAQ:CIEN) is down about 1.4%, and Nii Holdings Incorporated (NASDAQ:NIHD) is higher by about 0.3%.
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