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 Health Care Select Sector SPDR Fund (NYSE:XLV), which shed 22.3 million shares, or a 13.4% decrease week over week. Among the largest underlying components of XLV, in morning trading today Johnson & Johnson (NYSE:JNJ) is up about 1.2%, and Pfizer (NYSE:PFE) is relatively unchanged.
And on a percentage change basis, the ETF with the largest outflow was the Proshares Ultra Russell2000 (NYSE:UWM), which lost 2.3 million of its shares, for a whopping 45% decline in outstanding shares. Among the largest underlying components of UWM, in morning trading today 1-800-FLOWERS.COM (NASDAQ:FLWS) is up about 1.4%, and 1st United Bancorp (FUBC) is up by about 0.3%.
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