Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Vanguard High Dividend Yield ETF (NYSE:VYM), where 22,100,000 units were destroyed, or a 12.1% decrease week over week. Among the largest underlying components of VYM, in morning trading today Microsoft Corporation (NASDAQ:MSFT) is down about 1%, and General Electric Company (NYSE:GE) is lower by about 0.5%.
And on a percentage change basis, the ETF with the biggest outflow was the PowerShares Global Gold and Precious Metals Portfolio (NASDAQ:PSAU), which lost 850,000 of its units, representing a 30.9% decline in outstanding units compared to the week prior. Among the largest underlying components of PSAU, in morning trading today Genpact (NYSE:G) is off about 1%, and Barrick Gold Corporation (NYSE:ABX) is up by about 1.2%.
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