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 UltraShort S&P500, where 3,350,000 units were destroyed, or a 4.7% decrease week over week.
And on a percentage change basis, the ETF with the biggest outflow was the SPDR Russell 1000 Momentum Focus ETF, which lost 1,570,000 of its units, representing a 34.4% decline in outstanding units compared to the week prior. Among the largest underlying components of ONEO, in morning trading today Mckesson is up about 0.5%, and Micron Technology is higher by about 2%.
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