Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Technology Select Sector SPDR Fund (XLK), where 56.3 million units were destroyed, or a 14.4% decrease week over week. Among the largest underlying components of XLK, in morning trading today Apple (AAPL) is up about 0.6%, and Google (GOOG) is up by about 0.3%.
And on a percentage change basis, the ETF with the biggest outflow was the Proshares Ultra Consumer Services ETF (UCC), which lost 75,000 of its units, representing a 20.0% decline in outstanding units compared to the week prior. Among the largest underlying components of UCC, in morning trading today Aaron's (AAN) is off about 0.1%, and Abercrombie & Fitch (ANF) is up by about 1%.
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