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 iShares MSCI USA Minimum Volatility ETF (AMEX:USMV), which shed 4.1 million shares, or a 6.2% decrease week over week. Among the largest underlying components of USMV, in morning trading today Automatic Data Processing (NASDAQ:ADP) is down about 0.1%, and Paychex (NASDAQ:PAYX) is higher by about 0.1%.
And on a percentage change basis, the ETF with the largest outflow was the Proshares Ultra MidCap400 (AMEX:MVV), which lost 600,000 of its shares, for a whopping 33.3% decline in outstanding shares. Among the largest underlying components of MVV, in morning trading today 3D Systems (NYSE:DDD) is up about 4%, and Aaron's (NYSE:AAN) is higher by about 1.2%.
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