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 Consumer Staples Select Sector SPDR Fund (NYSE:XLP), which shed 6 million shares, or a 3.5% decrease week over week. Among the largest underlying components of XLP, in morning trading today the Coca Cola Company (NYSE:KO) is up about 0.4%, and Procter & Gamble (NYSE:PG) is up by about 0.6%.
And on a percentage change basis, the ETF with the largest outflow was the KBW Insurance Portfolio (KBWI), which lost 100,000 of its shares, for a 67% decline in outstanding shares. Among the largest underlying components of KBWI, in morning trading today Chubb (NYSE:CB) is up about 0.7%, and Travelers (NYSE:TRV) is higher by about 0.6%.
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