Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Financial Select Sector SPDR Fund (AMEX:XLF), where 23,150,000 units were destroyed, or a 2.8% decrease week over week. Among the largest underlying components of XLF, in morning trading today Wells Fargo & Company (NYSE:WFC) is down about 0.6%, and Berkshire Hathaway (NYSE:BRK.B) is higher by about 0.3%.
And on a percentage change basis, the ETF with the biggest outflow was the SPDR S&P Oil & Gas Exploration & Production ETF (AMEX:XOP), which lost 4,000,000 of its units, representing a 26.4% decline in outstanding units compared to the week prior. Among the largest underlying components of XOP, in morning trading today Green Plains Renewable Energy (NASDAQ:GPRE) is up about 0.6%, and EPL Oil & Gas (EPL) is lower by about 0.6%.
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