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 S&P 500 (NYSE:SPY), which shed 25,450,000 shares, or a 3.2% decrease week over week.
And on a percentage change basis, the ETF with the largest outflow was the Daily Retail Bull 3x Shares (NYSE:RETL), which lost 100,000 of its shares, for a whopping 50.0% decline in outstanding shares. Among the largest underlying components of RETL, in morning trading today Aarons Incorporated (NYSE:AAN) is down about 0.8%, and Abercrombie & Fitch Company (NYSE:ANF) is lower by about 1.7%.
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