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 Regional Banking ETF (NYSE:KRE), which shed 1,750,000 shares, or a 3.9% decrease week over week. Among the largest underlying components of KRE, in morning trading today Popular Incorporated (NASDAQ:BPOP) is up about 2.4%, and Svb Financial Group (NASDAQ:SIVB) is lower by about 0.3%.
And on a percentage change basis, the ETF with the largest outflow was the First Trust BICK Index Fund (NASDAQ:BICK), which lost 499,998 of its shares, for a whopping 26.3% decline in outstanding shares. Among the largest underlying components of BICK, in morning trading today Citigroup Incorporated (NYSE:C) is off about 0.8%.
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