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 Russia ETF (AMEX:RSX), which shed 2.1 million shares, or a 3.3% decrease week over week. Among the largest underlying components of RSX, in morning trading today Mobile Telesystems (NYSE:MBT) is up about 0.4%, and VimpelCom (NYSE:VIP) is higher by about 0.8%.
And on a percentage change basis, the ETF with the largest outflow was the First Trust Australia AlphaDEX Fund (AMEX:FAUS), which lost 50,000 of its shares, for a whopping 33.3% decline in outstanding shares.
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