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 Russell 2000 ETF ( IWM ), where 3,750,000 units were destroyed, or a 1.4% decrease week over week. Among the largest underlying components of IWM, in morning trading today Advanced Micro Devices ( AMD ) is up about 1.7%, and Microsemi Corporation ( MSCC ) is lower by about 0.3%.
And on a percentage change basis, the ETF with the biggest outflow was the ProShares UltraShort Gold ( GLL ), which lost 100,000 of its units, representing a 18.3% decline in outstanding units compared to the week prior.
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