Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Gold Miners ETF (NYSE:GDX), where 3,750,000 units were destroyed, or a 1.2% decrease week over week. Among the largest underlying components of GDX, in morning trading today Goldcorp (NYSE:GG) is up about 5.4%, and Barrick Gold (ABX) is up by about 2.4%.
And on a percentage change basis, the ETF with the biggest outflow was the Daily S&P 500 Bull 2x Shares (NYSE:SPUU), which lost 50,000 of its units, representing a 21.4% decline in outstanding units compared to the week prior.
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