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 SPDR Gold Shares (AMEX:GLD), which shed 2.6 million shares, or a 0.9% decrease week over week.
And on a percentage change basis, the ETF with the largest outflow was the Proshares Ultra Russell2000 Growth ETF (AMEX:UKK), which lost 150,000 of its shares, for a whopping 40.0% decline in outstanding shares. Among the largest underlying components of UKK, in morning trading today 1-800-FLOWERS.COM (NASDAQ:FLWS) is down about 1.8%, and 8x8 (NASDAQ:EGHT) is lower by about 1.5%.
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