Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the SPDR S&P Retail ETF (AMEX:XRT), where 2.3 million units were destroyed, or a 17.2% decrease week over week. Among the largest underlying components of XRT, in morning trading today Expedia (NASDAQ:EXPE) is up about 1.8%, and O'Reilly Automotive (NASDAQ:ORLY) is relatively unchanged.
And on a percentage change basis, the ETF with the biggest outflow was the Market Vectors Retail ETF (AMEX:RTH), which lost 200,000 of its units, representing a 29.8% decline in outstanding units compared to the week prior. Among the largest underlying components of RTH, in morning trading today AMAZON.COM (NASDAQ:AMZN) is off about 0.6%, and Wal-Mart Stores (NYSE:WMT) is lower by about 0.2%.
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