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 Russell 1000 Value ETF (AMEX:IWD), where 9,900,000 units were destroyed, or a 3.0% decrease week over week. Among the largest underlying components of IWD, in morning trading today JP Morgan Chase (NYSE:JPM) is up about 1%, and Exxon Mobil Corporation (NYSE:XOM) is higher by about 0.7%.
And on a percentage change basis, the ETF with the biggest outflow was the ProShares ProShares UltraShort Australian Dollar (AMEX:CROC), which lost 100,000 of its units, representing a 33.3% decline in outstanding units compared to the week prior.
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