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 SPDR Dow Jones Industrial Average ETF (AMEX:DIA), which shed 4,750,000 shares, or a 5.4% decrease week over week.
And on a percentage change basis, the ETF with the largest outflow was the Direxion NASDAQ-100® Equal Weighted Index Shares (AMEX:QQQE), which lost 50,000 of its shares, for a whopping 50.0% decline in outstanding shares. Among the largest underlying components of QQQE, in morning trading today Activision Blizzard Incorporated (NASDAQ:ATVI) is off about 0.2%, and Adobe Systems Incorporated (NASDAQ:ADBE) is up by about 0.1%.
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