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 500 ETF (AMEX:SPY), where 78,300,000 units were destroyed, or a 8.7% decrease week over week. Among the largest underlying components of SPY, in morning trading today Apple (NASDAQ:AAPL) is up about 1.1%, and Exxon Mobil (NYSE:XOM) is lower by about 0.1%.
And on a percentage change basis, the ETF with the biggest outflow was the First Trust Mid Cap Value AlphaDEX Fund (AMEX:FNK), which lost 1,050,000 of its units, representing a 31.3% decline in outstanding units compared to the week prior. Among the largest underlying components of FNK, in morning trading today Urs Corporation (NYSE:URS) is up about 0.8%, and Cliffs Natural Resources (NYSE:CLF) is higher by about 3.7%.
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