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SPY, PXLC: Big ETF Outflows
Thursday, February 14, 3:29 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 SPDR S&P 500 ETF (AMEX:SPY), which shed 32,500,000 shares, or a 3.8% decrease week over week. Among the largest underlying components of SPY, in morning trading today Apple Incorporated (NASDAQ:AAPL) is up about 0.2%, and Exxon Mobil Corporation (NYSE:XOM) is lower by about 0.5%.

And on a percentage change basis, the ETF with the largest outflow was the Fundamental Pure Large Core Portfolio (AMEX:PXLC), which lost 200,000 of its shares, for a whopping 21.1% decline in outstanding shares. Among the largest underlying components of PXLC, in morning trading today 3M Company (NYSE:MMM) is trading flat, and Boeing Company (NYSE:BA) is up by about 0.6%.

For MarketNewsVideo.com, I'm Sayoko Murase.

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