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 Financial Select Sector SPDR Fund (AMEX:XLF), which shed 14,900,000 shares, or a 2.4% decrease week over week. Among the largest underlying components of XLF, in morning trading today JP Morgan Chase & Company (NYSE:JPM) is up about 0.9%, and Berkshire Hathaway Class B (NYSE:BRK.B) is higher by about 0.2%.
And on a percentage change basis, the ETF with the largest outflow was the Dynamic MagniQuant Portfolio (AMEX:PIQ), which lost 200,000 of its shares, for a whopping 25.0% decline in outstanding shares. Among the largest underlying components of PIQ, in morning trading today Lumber Liquidators Holdings Incorporated (NYSE:LL) is off about 1.2%, and Home Depot Incorporated (NYSE:HD) is lower by about 0.7%.
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