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 Commodities Select Strategy ETF (NASDAQ:COMT), where 6,300,000 units were destroyed, or a 38.9% decrease week over week. Among the largest underlying components of COMT, in morning trading today Exxon Mobil (NYSE:XOM) is off about 0.1%, and Chevron (NYSE:CVX) is higher by about 0.5%.
And on a percentage change basis, the ETF with the biggest outflow was the OBOR ETF (NYSE:OBOR), which lost 300,000 of its units, representing a 37.5% decline in outstanding units compared to the week prior.
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