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 14.8 million shares, or a 10.1% decrease week over week. Among the largest underlying components of XLP, in morning trading today Procter & Gamble (NYSE:PG) is off about 0.6%, and Coca Cola (NYSE:KO) is lower by about 1%.
And on a percentage change basis, the ETF with the largest outflow was the Daily Russia Bear 3x Shares (AMEX:RUSS), which lost 100,000 of its shares, for a whopping 25.0% decline in outstanding shares.
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