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 U.S. Preferred Stock ETF (NASDAQ:PFF), where 8,200,000 units were destroyed, or a 1.8% decrease week over week. Among the largest underlying components of PFF, in morning trading today Wells Fargo (NYSE:WFC) is up about 1.5%, and Citigroup is higher by about 0.7%.
And on a percentage change basis, the ETF with the biggest outflow was the SPDR S&P Retail ETF (NYSE:XRT), which lost 5,550,000 of its units, representing a 36.2% decline in outstanding units compared to the week prior. Among the largest underlying components of XRT, in morning trading today Nutrisystem (NTRI) is up about 0.3%, and Kroger Company (NYSE:KR) is lower by about 0.9%.
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