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 3,825,000 units were destroyed, or a 25.4% decrease week over week. Among the largest underlying components of UWM, in morning trading today 1-800-Flowers.com (NASDAQ:FLWS) is off about 0.4%, and 1st United Bancorp (FUBC) is lower by about 0.9%.
And on a percentage change basis, the ETF with the biggest outflow was the iShares MSCI Singapore Small-Cap ETF (AMEX:EWSS), which lost 100,000 of its units, representing a 16.7% decline in outstanding units compared to the week prior.
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