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 Consumer Staples Select Sector SPDR Fund (AMEX:XLP), which shed 7 million shares, or a 4.6% decrease week over week. Among the largest underlying components of XLP, in morning trading today Procter & Gamble (NYSE:PG) is down about 1.1%, and Coca Cola (NYSE:KO) is higher by about 0.6%.
And on a percentage change basis, the ETF with the largest outflow was the iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA), which lost 350,000 of its shares, for a whopping 36.8% decline in outstanding shares.
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