Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the ProShares ProShares S&P 500 Dividend Aristocrats ETF (AMEX:NOBL), where 5,600,000 units were destroyed, or a 9.1% decrease week over week.
And on a percentage change basis, the ETF with the biggest outflow was the Invesco S&P Global Dividend Opportunities Index ETF (NYSE:LVL), which lost 960,000 of its units, representing a 23.5% decline in outstanding units compared to the week prior. Among the largest underlying components of LVL, in morning trading today Wabco Holdings (NYSE:WBC) is off about 0.4%, and Clearbridge American Energy MLP Fund (NYSE:CBA) is up by about 1.2%.
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