Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Oil Services ETF (NYSE:OIH), where 3,800,000 units were destroyed, or a 7.7% decrease week over week. Among the largest underlying components of OIH, in morning trading today Schlumberger (NYSE:SLB) is down about 1.5%, and Halliburton Company (NYSE:HAL) is lower by about 1.3%.
And on a percentage change basis, the ETF with the biggest outflow was the Daily Junior Gold Miners Index Bear 3X Shares (NYSE:JDST), which lost 650,000 of its units, representing a 35.4% decline in outstanding units compared to the week prior.
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