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 (NYSE:XLF), where 16,200,000 units were destroyed, or a 1.9% decrease week over week. Among the largest underlying components of XLF, in morning trading today Wells Fargo & Company (NYSE:WFC) is off about 0.8%, and Berkshire Hathaway Class B (NYSE:BRK.B) is lower by about 0.3%.
And on a percentage change basis, the ETF with the biggest outflow was the iShares Morningstar Mid-Cap ETF (NYSE:JKG), which lost 500,000 of its units, representing a 19.2% decline in outstanding units compared to the week prior. Among the largest underlying components of JKG, in morning trading today Avago Tech (NASDAQ:AVGO) is up about 1.1%, and Alcoa (NYSE:AA) is lower by about 0.9%.
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