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 S&P 500 Low Volatility Portfolio (AMEX:SPLV), where 2,850,000 units were destroyed, or a 1.8% decrease week over week. Among the largest underlying components of SPLV, in morning trading today Marsh & Mclennan Companies (NYSE:MMC) is down about 0.1%, and Allstate Corporation (NYSE:ALL) is lower by about 0.5%.
And on a percentage change basis, the ETF with the biggest outflow was the ProShares Ultra 20+ Year Treasury (AMEX:UBT), which lost 175,000 of its units, representing a 28.0% decline in outstanding units compared to the week prior.
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