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QQQ, RXD: Big ETF Outflows

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 PowerShares QQQ (QQQ), which shed 9,900,000 shares, or a 2.0% decrease week over week. Among the largest underlying components of QQQ, in morning trading today Microsoft Corporation (MSFT) is up about 0.5%, and Google Incorporated Class A (GOOG) is up by about 1.6%.
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