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 Proshares Ultra S&P500 (AMEX:SSO), which shed 6,750,000 shares, or a 26.5% decrease week over week. Among the largest underlying components of SSO, in morning trading today 3M Company (NYSE:MMM) is off about 0.4%, and Abbott Labs (NYSE:ABT) is higher by about 0.1%.
And on a percentage change basis, the ETF with the largest outflow was the iShares MSCI All Country Asia Information Technology Index Fund (AAIT), which lost 150,000 of its shares, for a whopping 75.0% decline in outstanding shares.
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