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 MIDCAP 400 ETF (AMEX:MDY), where 5,049,622 units were destroyed, or a 7.8% decrease week over week. Among the largest underlying components of MDY, in morning trading today Equinix (NASDAQ:EQIX) is up about 0.6%, and United Rentals (NYSE:URI) is higher by about 1.1%.
And on a percentage change basis, the ETF with the biggest outflow was the SPDR S&P Telecom ETF (AMEX:XTL), which lost 100,000 of its units, representing a 20.0% decline in outstanding units compared to the week prior. Among the largest underlying components of XTL, in morning trading today 8x8 (NYSE:EGHT) is off about 0.1%, and Windstream Holdings (NASDAQ:WIN) is relatively unchanged.
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