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 MSCI Italy Capped ETF (NYSE:EWI), where 1.95 million units were destroyed, or a 2.2% decrease week over week.
And on a percentage change basis, the ETF with the biggest outflow was the Proshares Ultra KBW Regional Banking (KRU), which lost 50,000 of its units, representing a 25.0% decline in outstanding units compared to the week prior. Among the largest underlying components of KRU, in morning trading today Associates Banc Corporation (ASBC) is off about 1.5%, and BancorpSouth (NYSE:BXS) is lower by about 2.4%.
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