XLE, UCD: Big ETF Outflows
October 03, 2012 at 12:29 PM EDT
Turning today to week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, the largest outflow was seen in the Energy Select Sector SPDR Fund (XLE), which shed 11,300,000 shares, or a 10.7% decrease week over week. And on a percentage change basis, the ETF with the largest outflow was the Proshares Ultra DJ-UBS Commodity (UCD), which lost 50,000 of its shares, for a whopping 16.7% decline in outstanding shares.
