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PCY, EZY: Big ETF Outflows
Wednesday, January 23, 12:41 PM ET

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 Emerging Markets Sovereign Debt Portfolio (AMEX:PCY), which shed 9,700,000 shares, or a 9.8% decrease week over week.

And on a percentage change basis, the ETF with the largest outflow was the Large Cap Value ETF (AMEX:EZY), which lost 150,000 of its shares, for a whopping 23.1% decline in outstanding shares. Among the largest underlying components of EZY, in morning trading today Chevron Corporation New (NYSE:CVX) is off about 0.3%, and Apple Incorporated (NASDAQ:AAPL) is up by about 1.1%.

For MarketNewsVideo.com, I'm Sayoko Murase

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