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 4,250,000 shares, or a 2.5% decrease week over week. Among the largest underlying components of XLP, in morning trading today Procter & Gamble Company (NYSE:PG) is up about 0.1%, and Coca Cola Company (NYSE:KO) is lower by about 0.6%.
And on a percentage change basis, the ETF with the largest outflow was the Bank and Brokerage ETF (RKH), which lost 200,000 of its shares, for a whopping 41.6% decline in outstanding shares. Among the largest underlying components of RKH, in morning trading today Wells Fargo & Company (NYSE:WFC) is down about 0.1%, and Hsbc Holdings Plc (HBC) is relatively unchanged.
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