Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the PowerShares Dynamic Large Cap Value Portfolio, where 8,600,000 units were destroyed, or a 19.7% decrease week over week. Among the largest underlying components of PWV, in morning trading today Bank of America is up about 1%, and JP Morgan Chase is up by about 0.9%.
And on a percentage change basis, the ETF with the biggest outflow was the PowerShares Dynamic Market Portfolio, which lost 900,000 of its units, representing a 34.6% decline in outstanding units compared to the week prior. Among the largest underlying components of PWC, in morning trading today Micron Technology is off about 0.3%, and Applied Materials is up by about 0.5%.
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