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IWS, UKK: Big ETF Outflows
Wednesday, October 23, 2:03 PM ET

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 Russell Mid-Cap Value ETF (AMEX:IWS), which shed 1.2 million shares, or a 1.4% decrease week over week. Among the largest underlying components of IWS, in morning trading today Noble Energy (NYSE:NBL) is off about 3.4%, and Cigna (NYSE:CI) is lower by about 3.1%.

And on a percentage change basis, the ETF with the largest outflow was the Proshares Ultra Russell2000 Growth (AMEX:UKK), which lost 75,000 of its shares, for a whopping 25.0% decline in outstanding shares. Among the largest underlying components of UKK, in morning trading today 1-800-FLOWERS.COM (NASDAQ:FLWS) is off about 1.9%, and 8x8 (NASDAQ:EGHT) is up by about 0.1%.

For MarketNewsVideo.com, I'm Kristin Bianco.

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