KBWB, GASX: 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 KBW Bank Portfolio (KBWB), which shed 1,800,000 shares, or a 22.0% decrease week over week. Among the largest underlying components of KBWB, in morning trading today Citigroup Incorporated (C) is down about 2.1%, and JP Morgan Chase & Company (JPM) is lower by about 1.5%.