SPXU, SFK: Big ETF Outflows
May 18, 2012 at 13:01 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 Proshares UltraPro Short S&P500 (SPXU), which shed 38,970,000 shares, or a 79.7% decrease week over week. And on a percentage change basis, the ETF with the largest outflow was the Proshares UltraShort Russell1000 Growth (SFK), which lost 112,500 of its shares, for a whopping 75.0% decline in outstanding shares.