Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares U.S. Energy ETF (NYSE:IYE), where 13.3 million units were destroyed, or a 34.5% decrease week over week. Among the largest underlying components of IYE, in morning trading today Exxon Mobil (NYSE:XOM) is up about 1.9%, and Chevron (NYSE:CVX) is higher by about 0.2%.
And on a percentage change basis, the ETF with the biggest outflow was the iShares U.S. Industrials ETF (AMEX:IYJ), which lost 6.5 million of its units, representing a 33.6% decline in outstanding units compared to the week prior. Among the largest underlying components of IYJ, in morning trading today General Electric (NYSE:GE) is up about 0.6%, and United Technologies (NYSE:UTX) is lower by about 0.2%.
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