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 S&P Small-Cap 600 Value ETF, where 6,900,000 units were destroyed, or a 7.2% decrease week over week. Among the largest underlying components of IJS, in morning trading today Macys is down about 1.4%, and Gamestop is up by about 1.9%.

And on a percentage change basis, the ETF with the biggest outflow was the STNC ETF, which lost 500,000 of its units, representing a 27.8% decline in outstanding units compared to the week prior.

For MarketNewsVideo.com, I'm Sayoko Murase