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 MSCI Emerging Markets ETF (NYSE:EEM), where 45,900,000 units were destroyed, or a 6.5% decrease week over week. Among the largest underlying components of EEM, in morning trading today Alibaba Group Holding (NYSE:BABA) is up about 3%, and Baidu (NASDAQ:BIDU) is lower by about 1.2%.
And on a percentage change basis, the ETF with the biggest outflow was the First Trust Dow 30 Equal Weight ETF (NYSE:EDOW), which lost 800,000 of its units, representing a 34.0% decline in outstanding units compared to the week prior. Among the largest underlying components of EDOW, in morning trading today Intelsat (I) is down about 0.9%, and Apple (NASDAQ:AAPL) is up by about 0.1%.
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