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 Energy Select Sector SPDR Fund (AMEX:XLE), which shed 4,500,000 shares, or a 4.4% decrease week over week. Among the largest underlying components of XLE, in morning trading today Exxon Mobil Corporation (NYSE:XOM) is up about 0.5%, and Chevron Corporation New (NYSE:CVX) is up by about 0.5%.
And on a percentage change basis, the ETF with the largest outflow was the Proshares Ultra 20+ Year Treasury (AMEX:UBT), which lost 150,000 of its shares, for a whopping 50.0% decline in outstanding shares.
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