Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Proshares Ultra Russell2000 (AMEX:UWM), where 8,400,000 units were destroyed, or a 40% decrease week over week. Among the largest underlying components of UWM, in morning trading today 1-800-FLOWERS.COM (NASDAQ:FLWS) is up about 0.2%, and 1st United Bancorp (FUBC) is up by about 1.1%.
And on a percentage change basis, the ETF with the biggest outflow was the Guggenheim S&P 500 Equal Weight Financial ETF (AMEX:RYF), which lost 650,000 of its units, representing a 21.0% decline in outstanding units compared to the week prior. Among the largest underlying components of RYF, in morning trading today HCP (NYSE:HCP) is up about 1.1%, and The Travelers Companies (NYSE:TRV) is up by about 1.4%.
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